How to Prevent ACH Fraud: Four Best Practices for Financial Institutions

The Automated Clearing House (ACH) is how millions of businesses and consumers send and receive funds electronically. It’s a fast and convenient system for all parties involved — including fraudsters. In 2023, 33 percent of financial institutions reported fraudulent activity on their ACH debits.¹

Although ACH has become a prime target for theft, you and your FI don’t have to fall prey to bad actors. 

Learn how to prevent ACH fraud in this guide. It covers the difference between deposit, payments, and credit-push fraud 4 proactive ways to prevent ACH fraud.

¹Association for Financial Professionals, 2024 AFP® Payments Fraud and Control Survey, 2024