Latest News

NACHA Issues RFC Summary on Moving Payments Faster with Same Day ACH

Posted March 17, 2015

NACHA issued a Request for Comment on December 8, 2014, on a proposal to provide a new, ubiquitous capability for moving ACH payments faster.

NACHA’s Payments Innovation Alliance Releases White Paper: “Leveraging the Mobile Channel for ACH Payment Innovation”

Posted March 10, 2015

The white paper predicts popularity of ACH mobile payments will grow as technology advances.

NACHA President and CEO to Keynote Retail Banking 2015 Conference

Posted March 9, 2015

Janet O. Estep will deliver the opening keynote, “Moving Payments Faster with Same Day ACH,” at Retail Banking 2015 in Austin, Texas.  

NACHA Payments Innovation Alliance Members to Convene in Los Angeles

Posted February 25, 2015

Payments Innovation Alliance will host a members meeting on March 3-5 to explore issues including faster payments, cyber threats and next steps for ISO 20022 in the US

Upcoming Events

Apr 19

PAYMENTS 2015

Ernest N. Morial Convention Center | New Orleans, LA

PAYMENTS 2015 unites thousands of payments system stakeholders from business end-user and financial and technology services organizations to debate and explore the more pressing issues and opportunities today.

Jun 2

Payments Innovation Alliance Meeting

Renaissance Barcelona | Barcelona, Spain

This meeting will feature payments related topics of importance to the organization’s membership – presented and explored from a global perspective.

Jul 12

The Payments Institute 2015

Emory Conference Center Hotel | Atlanta, Ga

The Payments Institute provides an intensive curriculum aimed at helping you achieve a higher understanding of the payments system.

 

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. 

ACH Network Risk and Enforcement Topics

Upcoming - 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. 

Person-to-Person Payments via ACH

Recently implemented - Effective 3/20/2015

The rule builds on the first phase of implementation in March 2014 to require the origination of all P2P payments via the ACH Network to use the credit WEB format.

Compliance and Operational Topics / Minor Rules Issues

Recently implemented - Effective 1/1/2015

This rules amends seven specific areas of the NACHA Operating Rules to address minor topics.

 

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.