Latest News

NACHA’s Payments Innovation Alliance and Board Advisory Group Release New Papers to Help Financial Institutions and Businesses Better Navigate Account Validation

Posted July 19, 2016

The papers highlight current methods of account validation and potential options for the future.

FS-ISAC Issues New Paper Outlining Best Practices and Recommendations for Risk Mitigation

Posted July 8, 2016

NACHA recently joined efforts with FS-ISAC to publish a paper on best practices and risk mitigation in response to recent account takeover attacks against the SWIFT Network.

NACHA’s Government Relations Advisory Group Hosts Annual Capitol Hill Day to Highlight Electronic Payments and ACH Network Advancements

Posted June 7, 2016

Each year, members of NACHA's Government Relations Advisory Group ​(GRAG), which include leaders from large and small financial institutions and Regional Payments Associations from across the country, meet with Congressional representatives and staff to continue education on the ACH Network, ACH payments and the NACHA Operating Rules.

Congressman Gerald E. Connolly of Virginia Designates May as Direct Deposit and Direct Payment via ACH Month

Posted May 12, 2016

Congressman Gerald E. “Gerry” Connolly of Virginia issued a proclamation into the Congressional Record designating May as Direct Deposit and Direct Payment via ACH Month.

Upcoming Events

Oct 17

Payments Innovation Alliance Meeting

Chicago Marriott Downtown Magnificent Mile - Chicago, IL

Apr 23

PAYMENTS 2017

Austin, TX

Discover a unique conference experience that encapsulates the players and thought-leadership that

 

More than 10,000 financial institutions support NACHA — The Electronic Payments Association. Together, we make billions of transactions safe and secure every year and pursue new ways to connect people and payments.

Rules Changes

Improving ACH Network Quality - Unauthorized Entry Fee

Upcoming - Effective 10/3/2016

This rule is intended to improve ACH Network quality by reducing the incidence of ACH debits that are returned as unauthorized. 

Same Day ACH: Moving Payments Faster

Upcoming - Effective 9/23/2016

This Rule will provide a new, ubiquitous capability for moving ACH payments faster and enable the same-day processing of virtually any ACH payment. 
 

ACH Network Risk and Enforcement Topics

Recently implemented - Effective 9/18/2015

This Rule will improve the overall quality of the ACH Network by reducing the incidence of returned Entries and the associated costs, both financial and reputational, that such returned Entries impose on the ACH Network and its participants. 

Nothing open for comment

 

More than 10,000 financial institutions support NACHA — The Electronic Payments Association. Together, we make billions of transactions safe and secure every year and pursue new ways to connect people and payments.