Press Releases

02

FOLSOM, Calif.--(BUSINESS WIRE)--Laru Corporation announced today that their ACH FileFox product has been expanded to include a solution for the new International ACH Transactions (IAT) rules that will be implemented on September 18, 2009. These rules require that all financial institutions comply with the Office of Foreign Assets Control (OFAC) requirements to provide additional information on any international ACH transaction. All financial institutions receiving and/or originating ACH transactions will be impacted by this new NACHA rule from both a compliance and operations perspective.

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