Phixius by Nacha Partners with ValidiFI to Enhance Account Validation Coverage

Read the full release on Nacha’s website here.

Phixius by Nacha Partners with ValidiFI to Enhance Account Validation Coverage

HERNDON, Virginia, May 7, 2024 – Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI, a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

“Phixius connects payment validation requestors to responders. This provides the connective tissue to address critical coverage gaps in validating U.S. bank account information,” said Rob Unger, Associate Managing Director of ACH Network Development at Nacha. “The partnership with ValidiFI expands the payment information validation ecosystem that Phixius supports with standardized APIs and rules.”

“As a Nacha Preferred Partner, we are excited to enhance our partnership to support Phixius customers in achieving compliance with the WEB debit account validation rule,” says Greg Rable, CEO of ValidiFI. “This collaboration grants access to our account validation, a valuable component of our predictive bank account and payment intelligence offerings.

ValidiFI is excited to announce a partnership with Phixius by Nacha, a peer-to-peer payment information network. This collaboration offers predictive bank account and payment intelligence to expand Phixius’ account validation coverage, leading to fewer returns and improved ACH payment quality.