Same Day ACH Essentials Guide for Businesses Released by NACHA
Businesses that are looking to support same day ACH may be interested in NACHA’s recently released essentials guide. If you’re unfamiliar with same day ACH, it’s expected to increase the speed of ACH payments by allowing both sending and crediting of payments on the same day. This becomes effective on September 23, 2016. The guide […]
Autoscribe Corporation Announces Changes to Leadership Team
JACKSONVILLE, FL – August 3, 2016 – Autoscribe Corporate, provider of PaymentVision and Lyons Commercial Data, today announced key changes to its senior leadership team, with the appointment of Emily Cooper as Director of Client Operations and Trevor Ward as General Manager of Lyons Commercial Data. “It comes with great pleasure to announce the appointments […]
OFAC Penalties Increase on Foreign Transactions
On August 1, 2016, at the implementation of the “Federal Civil Penalties Inflation Adjustment Act,” the U.S. government will adjust for inflation the fines levied on violators of five federal laws that govern oversight of foreign assets. Civil Fines Punish Legal Violations Most forms of government have some mechanism for punishing people who violate non-criminal […]
The Federal Kingpin Act and What It Means For You
American companies need to be more vigilant than ever when doing business in Panama or dealing with Panamanian firms. That’s the word from the U.S. government, which is cracking down hard on businesses that violate sanctions designed to bring down the Panamanian drug trade. Ignoring or sidestepping those sanctions can be a costly mistake. Fines […]
Our New Login Page Has Arrived
In an effort to continue modernizing Lyons Commercial Data products and services, we are excited to have launched a redesigned version of our login page. The new login page retains all functionality of the old page as well as containing fully-responsive mobile optimization — meaning it fits perfectly onto your tablet or smartphone’s display. Our […]
Autoscribe Corporation’s Laurie Nelson Honored as Bronze Stevie Award Winner in 2016 American Business Awards
JACKSONVILLE, FL – May 9, 2016 – Autoscribe Corporation’s Laurie Nelson was named the winner of a bronze Stevie® Award for executive of the year in the financial services category of the 14th Annual American Business Awards. Mrs. Nelson was also previously recognized as a bronze winner for the 2015 Stevie Awards for Women in […]
NACHA Rule Changes 2016 Will Address Unauthorized Transaction Fees
On October 3, 2016, NACHA Rules will be implemented for the assessment of fees for unauthorized debit entry submissions. After that date, OFDI’s will be required to pay a $4.50 unauthorized debit fee to RDFI’s for each returned ACH debit coded with return reasons R05, R07, R10, R29, and R51. Although the anticipated gain for ODFI’s is an […]
Lyons Commercial Data to Exhibit at PAYMENTS 2016
JACKSONVILLE, FL – April 15, 2016 – Lyons Commercial Data, a leading provider of U.S. financial institution data and risk management solutions, has announced that they will be exhibiting at the NACHA PAYMENTS conference. It takes place April 18th & 19th, 2016, at the Phoenix Convention Center in downtown Phoenix, AZ. For more than 20 […]
Autoscribe Corporation Wins Multiple Horizon Interactive Awards
Indianapolis, IN USA – April 13, 2016 – The Horizon Interactive Awards, a leading international interactive media awards competition, has announced the 2015 award winners to highlight this year’s “best of the best” in interactive media production.
5 Things Your Company Should Know About Recent NACHA Rule Changes
There are big changes coming to the world of electronic payments. NACHA, the electronic payments association that develops the operating rules and business practices of the automated clearing house (ACH), recently announced some new rules affecting ACH payments. It’s important to understand these changes because NACHA serves as the ACH Network administrator and is responsible […]