Phixius by Nacha, a secure peer-to-peer payment information network, has partnered with Kinexys Liink, part of JP Morgan’s blockchain business unit, to enable information exchanges between the two networks.

The companies said that the move will improve account validation coverage for financial institutions, FinTechs and corporations.

JP Morgan describes Kinexys Liink as the “world’s first” bank-led, peer-to-peer network for data sharing between institutions and FinTechs.

Nacha governs the Automated Clearing House (ACH) Network, a payment system able to reach all US banks and credit union accounts which facilitates the transfer for funds between financial networks including direct deposits and direct payments.

There were 33.6 billion ACH Network payments made in 2024, valued at $86.2 trillion.
Through the partnership, Phixius will serve as Kinexys Liink’s key US payment information network responder to enable real-time validation of domestic bank account data.

Phixius users will also gain access to Kinexys Liink application account validation capabilities, which the company said will expand the reach and utility of the Phixius network.

Nacha added that the partnership will facilitate collaboration between the two networks as well as help to prevent fraud.

“We are committed to enhancing the provision of secure, efficient data connectivity to address industry challenges and innovation opportunities,” said Gloria Wan, general manager, Kinexys Liink at Kinexys by JP Morgan. “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.”

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