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A comment on Warren Calls Out Wells Fargo and Zelle for “Evasive” Responses about Fraud. Parent comment

Re:Warren Calls Out Wells Fargo and Zelle for “Evasive” Resp... by nrmitchi on Thursday November 10, 2022 @12:00PM (#33549530)
But ACH isn't an ungoverned system where parties get to just behave in their own best interest. It, and the timing/behaviour, are governed by the NACHA Operating Rules.

If you are being a bad party and failing to submit transactions on time so that you can collect a bit of extra interest, you are going to get a very large hammer brought down on you.

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Re:Warren Calls Out Wells Fargo and Zelle for “Evasive” Resp... by xboxnolifes on Thursday November 10, 2022 @02:47PM (#33552089)
Nobody said anything about not being on time. Just not fast.
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