Nacha Announces LexisNexis® Risk Solutions as Preferred Partner for Official Registrar of Routing Numbers
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
relx.com/investors/investor-overview
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Source: Business Wire
RESTON, Va.--(BUSINESS WIRE)--Nacha is proud to welcome LexisNexis® Risk Solutions as the exclusive Preferred Partner in the category of Official Registrar of Routing Numbers. With its comprehensive and up-to-date routing data, LexisNexis® Risk Solutions joins a distinguished group of organizations working with Nacha to enhance the ACH Network's efficiency and reliability."Accurate ACH payment routing relies on the availability and use of accurate and up-to-date routing data," said Michael Herd, Executive Vice President of ACH Network Administration at Nacha. "We look forward to working with LexisNexis Risk Solutions as a Nacha Preferred Partner to enable ACH Network participants to have the best and most up-to-date routing data."Account validation providers that fail to keep current with routing number changes end up relying on outdated information which can result in a valid routing number being inaccurately rejected. That, in turn, blocks the creation of ACH payments. By partne
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