Eddy Rodriguez

The ACH system facilitates a large and growing range of transactions, including payroll, bill payments, and B2B payments. In 2022, U.S. account holders transacted 30 billion ACH payments worth over $76 trillion. View an overview of ACH fraud and best practices for fraud detection and prevention. https://lnkd.in/gypx7tuW #fraud #fraudprevention #riskmanagement

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Business Loan Statistics You Need to Know #4. 79% of Small Business Owners Didn’t Receive Proper Support (https://lnkd.in/e8493YMC) Contact Puerto Rico VAS today to learn how our team can help with the Support your team has been missing. #Accounting #VirtualAccounting #CPA #Accountant #PuertoRicoVAS #ProcessVAS #VAS #PRVAS

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JUST CLOSED: $10,185,000 Aerial Crane and Disaster Response Company Debt Refinance Expansion Several years ago, T Bank officers helped a client expand their operations with an SBA 7(a) loan. The client later refinanced with a big bank, lured away by promises to better serve their needs. Fast forward to today: the client had an opportunity to expand his operations to acquire and repurpose military helicopters for civilian use. The covenants in their big bank loan prohibited additional debt. Despite the tremendous opportunity, the big bank couldn’t look past the covenants to see the opportunity. The client came back to T Bank. We saw the opportunity right away and created a custom solution. We refinanced their existing big bank debt with a $5,185,000 conventional loan and provided a new $5,000,000 SBA 7(a) loan to fund the expansion. It’s a great example of how T Bank is committed to helping clients overcome financing obstacles and seize new opportunities. It’s not a one-off. We do it every day. If you have a financing challenge, let us tackle it. 817.734.2085 | [email protected] #TBankSuccess #ClientFirst #WhenOthersSayNo #InnovativeFinance #BusinessGrowth

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For the first time, RDFIs will have a defined role in monitoring ACH payments they receive. This significant development, approved by Nacha members, aims to combat fraud, including business email compromise (BEC), associated with credit-push payments. As Jane Larimer, Nacha President and CEO, points out, "All participants in the ACH Network have a part to play in reducing the incidence of fraud and recovering when fraud has occurred." Learn more in our April 2024 Innovating Payments Executive Summary— Nacha Rules Take Aim at Credit-Push Fraud: https://lnkd.in/ezsgudgX. Plan to join Sean Carter, AAP, APRP, Mark J. Dixon, CTP, AAP, APRP, NCP, Mary Morrison, AAP, APRP, NCP, CAMS, and Patty Presta for a comprehensive two-part series, "Diving Into the Operation Impact of the New ACH Rules," on May 31 and June 07, 2024, where they will delve into the implications of these new rules, offering insights on implementation, procedures, policy updates, audits, risk assessments, and organizational engagement. 🔍 Curious about engaging with third-party providers? 📝 Wondering about new procedures and policy updates? 🤔 Unsure about ACH audits or risk assessments? Get the answers by registering for Diving Into the Operation Impact of the New ACH Rules: https://lnkd.in/e7y73DN2 #ACH #FinancialServices #FraudPrevention #RegulatoryCompliance #ProfessionalDevelopment

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Our Director of Food and Agribusiness, Jessica Lehman, knows how to nurture the growth of agribusinesses. She also knows that during uncertain times, the most successful businesses partner with financial experts that know how to prepare for a challenging market. Learn more about what you can do to manage your agriculture cash flow in a challenging market at https://bit.ly/46t3DVY. #bankatfirst #marketchallenges #agriculture #agribusiness #commercialloan ---- First Financial Bank. Member FDIC.

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A Guide to Understanding ACH Do you ever wonder how your paycheck gets deposited directly into your bank account? 👉🏻 The ACH network, a robust system facilitating electronic bank transfers in the US. This comprehensive guide dives deep into ACH, explaining its functionalities and various transfer types including international transfers. Gain valuable insights on: ✅ What ACH is and how it operates ✅ Different ACH transfer types ✅ The mechanics of international ACH transfers ✅ Potential vulnerabilities Read the full guide in the comments ➡️ 

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