RESTON, Va.--(BUSINESS WIRE)--Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, will address the question “What is Pay by Bank?” through a new project team open to all existing and new Alliance members. “Pay by Bank has become a common industry term of art over the past several years, but there is not yet industry consensus on what it means,” said Michael Herd, Executive Vice President of ACH N...
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