FOLSOM, Calif.--(BUSINESS WIRE)--Laru, a provider of ACH risk and compliance management software applications for financial institutions, announced that its ACH FileFox Pro™ and ACH Clarity™ risk and compliance software products support the newest Standard Entry Class (SEC) Code, IAT, used to identify international payments made via the ACH Network. The National Automated Clearing House Association (NACHA) adds the SEC Code to the NACHA Operating Rules to enable financial institutions to easily identify all international payments flowing through the ACH Network and all parties involved in the transactions.
[Read More...]