A new Automated Clearing House (ACH) data security rule to protect electronically stored sensitive financial information has come into force in the United States. As of June 30, the ACH Security Framework now requires large, non-financial-institution (Non-Fi) originators, third-party service providers (TPSPs) and third-party senders (TPSs) to protect deposit account information by rendering it unreadable when it is stored electronically.

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