Nacha Announces LexisNexis® Risk Solutions as Preferred Partner for Official Registrar of Routing Numbers [Yahoo! Finance]
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
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 Account validation providers that fail to keep current with routing number changes end up relying on outdated information which can result in a valid routing number being inaccurately rejected.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 partnering with Nacha, LexisNexis Risk Solutions is allowing more participants in the ACH Netw
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