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What is driving the need for ODFIs to better monitor ACH risk?

April 26, 2017ACH driving monitor odfis risk

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What is driving the need for ODFIs to better monitor ACH risk?

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• Growth and expansion of the ACH network. • Outsourcing of ACH origination. • Emergence of new ACH payment types. • Reliance on manual, outdated systems for monitoring ACH risk at many DFIs. • Relative inexperience and lax practices of some DFIs within the ACH network.