Nacha is excited to announce LexisNexis® Risk Solutions as its exclusive Preferred Partner in the category of Official Registrar of Routing Numbers. With its robust and up-to-date routing data, LexisNexis® Risk Solutions joins a select group of organizations collaborating with Nacha to improve the efficiency and reliability of the ACH Network.
“Accurate ACH payment routing relies on the availability and use of accurate and up-to-date routing data,” said Michael Herd, Executive Vice President of ACH Network Administration at Nacha. “We are thrilled to partner with LexisNexis Risk Solutions as a Nacha Preferred Partner, ensuring ACH Network participants have access to the best and most current routing data.”
Outdated or incorrect routing number information can lead to rejected payments, disrupting the ACH Network. By partnering with Nacha, LexisNexis Risk Solutions enables ACH Network participants to access accurate, up-to-date routing information, helping to process payments more efficiently and reducing the risk of payment failures.
“The ACH Network underpins the U.S. payments industry, but inaccurate or outdated data can still lead to failed payments,” said Edward Metzger, Vice President, Payments Efficiency for LexisNexis Risk Solutions. “As the source of routing numbers required for ACH processing, our partnership with Nacha ensures that ACH users continuously receive the most accurate data, enhancing operational efficiency and improving the customer experience.”
The LexisNexis® Bankers Almanac® Routing Transit Number (RTN) File provides essential, up-to-date routing data for nearly 10,000 U.S. financial institutions and over 100,000 branches. It is an indispensable tool for payments professionals, enabling efficient payment setup, investigation, and correction.
The American Bankers Association designated Bankers Almanac®, now part of LexisNexis Risk Solutions, as the official registrar of routing numbers in the U.S. over a century ago. Today, it continues to serve as the authoritative source for routing numbers.
Nacha’s Preferred Partner Program highlights organizations that support the payments industry with products and services aligned with Nacha’s core strategies. To learn more, visit Nacha’s Preferred Partner page.
About Nacha
Nacha oversees the ACH Network, a secure and efficient payment system that enables Direct Deposits and Direct Payments. In 2023, the ACH Network processed 31.5 billion payments valued at $80.1 trillion. Nacha drives innovation and standards in the payments industry through collaboration and leadership, offering rules, solutions, education, and advisory services.
