“As the ACH Network continues to grow and thrive, it remains important that Third-Party Senders engage in sound risk management practices and implement quality controls,” said Michael Herd, Nacha Senior Vice President, ACH Network Administration.
HERNDON, Va. (PRWEB) April 27, 2021
One Inc, which delivers a frictionless payment experience to over 165 insurance companies, has met the rigorous standards to become a Nacha Certified Third-Party Sender.
Nacha Certified is a voluntary program created by Nacha—the organization that governs ACH Network—which enables Third-Party Senders to differentiate themselves by meeting standards for ACH risk management and compliance.
“As the ACH Network continues to grow and thrive, it remains important that Third-Party Senders engage in sound risk management practices and implement quality controls,” said Michael Herd, Nacha Senior Vice President, ACH Network Administration. “Being Nacha Certified shows that One Inc has demonstrated a commitment to strong risk management.”
One Inc helps insurers deliver optimized customer experiences through its Digital Payments Platform that provides a comprehensive inbound and outbound solution. One Inc annually processes more than $15 billion in payment volume.
“Insurance carriers today have an extremely high amount of pressure to keep insured data safe,” said Christopher W. Ewing, CEO of One Inc. “We take this obligation very seriously at One Inc, and our Nacha certification is one more important step in securing our customers' data and demonstrating the strength of our corporate controls.”
Learn more about Nacha Certified at http://www.nachacertified.org.
About Nacha
Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. Nearly 27 billion ACH Network payments were made in 2020, valued at close to $62 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.
About One Inc
One Inc is modernizing the insurance industry through a unified and frictionless payment experience. Focusing only on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing security, and optimizing customer experience. The comprehensive end-to-end digital payments platform provides expanded payment options, multi-channel digital communications, and rapid digital claim payment, even for the most complex insurance use cases. As one of the fastest growing digital payments platforms in the insurance industry, One Inc manages billions of dollars per year in premiums and claims payments. For more information, please visit http://www.oneinc.com.