Latest News

New NACHA Survey Shows Adoption and Awareness of Direct Deposit via ACH Continues to Build

Posted April 18, 2016

The electronic deposit of payroll yields important benefits to employees, their employers, and financial institutions.

NACHA Announces 2016 Payments System Awards Recipients

Posted April 19, 2016

PHOENIX, April 19, 2016 – NACHA—The Electronic Payments Association® today announced the recipien

Upcoming Events

May 19

Webinar: Understanding Tokenization & Its Effect on ACH and Real-Time Payments

Tokenization substitutes a limited-use random number, or digital token, for the customer’s accoun

May 24

Payments Innovation Alliance Meeting

Conrad Dublin - Dublin, Ireland

The Payments Innovation Alliance 2016 international member meeting will be held May 24-

Jul 17

The Payments Institute

Emory Conference Center Hotel, Atlanta, GA

Attending The Payments Institute gives you needed knowledge and skills to succeed in the payments industry.

 

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. 

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.

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.