Phixius by Nacha and Kinexys Liink by J.P. Morgan Join Forces to Strengthen Account Validation Capabilities
Phixius by Nacha (Phixius), a leading secure peer-to-peer payment information network, has announced a strategic collaboration with Kinexys Liink, the world’s first bank-led peer-to-peer data-sharing network, which operates under the broader Kinexys by J.P. Morgan umbrella. This new partnership marks a significant milestone for both organizations, aiming to dramatically expand and enhance account validation coverage for a wide range of users, including financial institutions, fintech companies, and corporations globally.
The collaboration between Phixius and Kinexys Liink creates a new dynamic in the payment information ecosystem, offering participants on both networks improved access to more comprehensive and reliable account validation services. At the heart of this symbiotic relationship, Phixius will become the key U.S. payment information network Responder for Kinexys Liink, playing a critical role in enabling near real-time validation of domestic bank account data across the United States.
In exchange, participants of the Phixius network will be able to tap into the global reach of Kinexys Liink’s Confirm application, which offers account validation services spanning international markets. By opening up access to Confirm’s capabilities, Phixius participants will now be able to verify account ownership and status for accounts held not only within the U.S. but also around the world. This cross-network integration significantly expands the utility and value proposition of both platforms.
Commenting on the collaboration, Rob Unger, Managing Director of ACH Network Development at Nacha, expressed enthusiasm about the opportunities the partnership unlocks for the broader payments industry.
“Phixius’ collaboration with Kinexys Liink offers a unique opportunity to facilitate collaboration across respective networks,” said Unger. “Kinexys Liink and Phixius customers can benefit by validation services using data provided by either network, helping to mitigate payment fraud and reduce potential ACH returns.”
Unger’s remarks highlight one of the most pressing issues the collaboration seeks to address: the growing risks associated with payment fraud and payment errors. In the current financial landscape, where speed and convenience in transactions are paramount, the need for robust account validation mechanisms is more critical than ever. Failed transactions, incorrect account information, and fraudulent activities not only cost businesses and financial institutions millions of dollars annually but also erode customer trust.
By combining their strengths, Phixius and Kinexys Liink are poised to help mitigate these risks, offering a higher level of certainty that payment instructions are accurate and valid before transactions are initiated.
Gloria Wan, General Manager of Kinexys Liink at Kinexys by J.P. Morgan, echoed similar sentiments about the collaboration’s broader impact.
“We are committed to enhancing the provision of secure, efficient data connectivity to address industry challenges and innovation opportunities,” said Wan. “Through the collaboration with Phixius by Nacha, we look forward to expanding the reach of Kinexys Liink to further strengthen account validation and cross-border payment infrastructure globally.”
Wan’s comments also touch upon a critical dimension of the collaboration: cross-border payment innovation. As globalization continues to drive international business, the need for efficient and secure cross-border payments becomes increasingly important. However, cross-border transactions often involve additional layers of complexity, including varying regulatory environments, different banking infrastructures, and heightened risks of payment errors and fraud.
By linking the Phixius and Kinexys Liink networks, the two organizations aim to create a more seamless global payments experience, improving operational efficiency and reducing the costs and risks associated with international money movement.
The broader Kinexys by J.P. Morgan business unit, under which Kinexys Liink operates, is known for building scalable, cutting-edge blockchain-based solutions in collaboration with clients. Their goal is to reimagine traditional business models by creating ecosystems that transform the way information, money, and assets move across industries.
Kinexys Liink, in particular, established itself as a trailblazer by creating a payment-rail agnostic, blockchain-powered information exchange network. This network was designed to facilitate frictionless and secure sharing of payment-related information while prioritizing three core principles: data sovereignty, security, and privacy. These principles ensure that participants maintain control over their data while benefiting from faster and more reliable information exchanges.
One of Kinexys Liink’s standout offerings is the Confirm application, which enables near real-time validation of bank account ownership, account status, and recent transactions on a global scale. Through Confirm, businesses and financial institutions can reduce the risk of payment errors and fraud, while also streamlining operational processes such as onboarding new customers or vendors.
Now, by integrating Phixius into this ecosystem, Kinexys Liink significantly strengthens its U.S. coverage. Similarly, Phixius enhances its international validation capabilities through its new access to the Confirm network. This creates a powerful feedback loop: greater data availability leads to better validation, which in turn helps improve trust, efficiency, and security in the global payments ecosystem.
From an industry perspective, this collaboration represents a larger shift toward interoperability among fintech networks — a trend that many experts believe will define the next decade of innovation in financial services. Rather than competing in silos, major players like Phixius and Kinexys Liink are finding ways to complement each other’s strengths, delivering better outcomes for all participants.
In today’s highly interconnected financial environment, ensuring that the right infrastructure is in place to validate account information quickly and securely can have a transformative effect. Whether it’s a large multinational corporation sending payments to vendors worldwide, a fintech startup trying to ensure the security of its platform, or a bank aiming to streamline its operations, reliable account validation is foundational to success.
The partnership between Phixius and Kinexys Liink is a clear signal to the industry that collaboration, not competition, will be key to building a safer and more efficient payments ecosystem. It reflects a shared vision for a future where secure data sharing, global account validation, and risk mitigation are seamlessly integrated into the fabric of everyday financial operations.
As this collaboration moves forward, financial institutions, corporations, and fintechs that participate in either network stand to benefit from expanded capabilities, enhanced security, and the opportunity to tap into a broader global network for their account validation needs.
In a world where the cost of payment errors and fraud continues to climb, and where customers demand faster, more reliable transaction experiences, partnerships like the one between Phixius and Kinexys Liink will undoubtedly play a pivotal role in shaping the future of financial services.
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. There were 33.6 billion ACH Network payments made in 2024, valued at $86.2 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.
