Alert: Fraudulent Activity! How ACH Fraud Detection Can Help
Sep 14, 2023 MicroBilt News
As technology continues to revolutionize how businesses handle their finances, electronic transactions have become an integral part of the financial landscape. Hundreds of thousands of dollars can be transferred from one account to the next through the click of a button.
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What is a License Plate Search and How Does it Work?
Sep 13, 2023 MicroBilt News
If you're looking to gather detailed information on a customer, a license plate lookup tool might be the right way to go. By simply entering data on a car (e.g., VIN, license plate number, tag number, etc...), you can access detailed records on the vehicle and its owner in seconds.
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What Are Nacha Rules? A Complete Guide
Sep 13, 2023 MicroBilt News
The Automated Clearing House (ACH) network facilitates seamless and secure electronic payments in modern financial transactions. Last year alone, over $72 trillion were transferred through the network. Governing the ACH and the method these transactions take place are the rules and regulations set forth by Nacha.
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What Is Bank Verification and How to Choose a Method for a Lending Business
Jun 29, 2023 MicroBilt News
More lending businesses are using ACH payments as a payment method, but they need bank verification to mitigate potential risks. Keep reading to learn more.
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The Importance of Financial Technology and Systems for Lenders, Explained
Aug 17, 2021 MicroBilt News
You may be a successful lender today, but are you ready for tomorrow? The simple truth is that technology is constantly changing and advancing. And as financial technology and systems evolve, it is important for lenders to change and adapt so they can remain successful in the market.
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