Displaying 121 - 140 of 199

Tag: ACH

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A new study for Nacha and the Center for Payments takes a closer look at how Same Day ACH is being used and what the payments community would like to see.
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Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans. “We don’t need special occasions” to use Same Day ACH, Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors, told Smarter Faster Payments 2022.
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Phase Two of Nacha’s Supplementing Data Security Rule will be implemented June 30, and Third-Party Senders, Third-Party Service Providers, and Originators should be preparing for compliance.
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Nacha’s Top 50 rankings of financial institution originators and receivers of ACH payments for 2021 are now available.
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Along with all the other spring cleaning you do, it's a fine time to make sure your Financial Institution's entries in the ACH Contact Registry are up-to-date.
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AFP's 2022 Payments Cost Benchmarking Survey shows nearly three-quarters of organizations are transitioning B2B payments from checks to electronic payments.
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ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.
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A new Nacha Operating Rule affects the way ACH Network participants use Micro-Entries. We take a look at what it means and why you should start preparing now.
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Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021.
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Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study.
Rule
This Rule will define and standardize practices and formatting of Micro-Entries, which are used by some ACH Originators as a method of account validation.
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A review of the changes to the Nacha Operating Rules in 2021, and what's coming in 2022.
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In a recent podcast interview, Nacha’s Brad Smith discusses BNPL and the ACH Network.
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In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases.  

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Nacha and many Payment Associations provided comments on the notice of proposed rulemaking (the “Proposed Rule”) regarding the Federal Government Participation in the Automated Clearing House (“ACH”).
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With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. 
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2021 is shaping up to be a banner year for healthcare volume on the ACH Network, as medical and dental providers increasingly recognize the advantages of electronic claim payments. 
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An expert in the field of charitable giving says Nacha's Nonprofit Toolkit has a wide range of resources that nonprofits of all sizes will find helpful.
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Nine financial institutions have been fined for Class 2 Rules violations for not entering required information in the ACH Contact Registry.
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The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.