Eftsure, a company specializing in payment fraud prevention, has joined Nacha’s Preferred Partner Program, aiming to bolster defenses against payment fraud, errors, and cyber threats for businesses leveraging the ACH Network.
Eftsure operates a payments fraud prevention platform designed to verify the legitimacy of suppliers and their banking details prior to fund release. The system cross-references payment information in real time, providing intuitive “traffic light” alerts: green for verified details and red for discrepancies. This functionality is intended to prevent issues such as business email compromise (BEC), fake invoices, insider scams, and duplicate payments. Eftsure promotes ACH as the preferred payment method within its platform and does not support check payments.
Jane Larimer, Nacha President and CEO, commented on the development, stating, “As concerns about fraud—particularly check fraud and credit-push frauds such as BEC—continue to grow, being vigilant is ever more important. We welcome Eftsure as a Nacha Preferred Partner and as another line of defense in the war on fraud.” Jon Soldan, Eftsure CEO, added, “Cybercrime and scam tactics are evolving rapidly, which is why businesses need collaborative, borderless solutions. Eftsure now offers international payment verification across Europe and the Asia-Pacific (APAC) region. This expansion empowers U.S. companies with a unique capability: ensuring their vendor payments—whether domestic via ACH, wire payments or international—are directed to the correct recipients. Our partnership with Nacha further reinforces the value we deliver to finance teams, particularly in streamlining and securing outbound payments through greater visibility, control, and trust.”
As a Nacha Preferred Partner for Account Validation, Fraud Monitoring, and Risk and Fraud Prevention, Eftsure’s inclusion aligns with Nacha’s strategy of advancing the ACH Network. Nacha governs the ACH Network, which processed 33.6 billion payments valued at $86.2 trillion in 2024. Eftsure, identified as a global market leader in payment fraud prevention, safeguarded over $288 billion in B2B payments last year through its cross-matching and multi-layered verification methods.
