NACHA, its 11 Regional Payments Associations members, and more than 1,700 organizations with AAPs and APRPs on staff will celebrate National AAP & APRP Recognition Day, which is commemorated annually on the second Tuesday of February, to honor recently credentialed and current AAPs and APRPs.
Panelists will talk about the real ins and outs of how to provide financial services to the cannabis industry and what to think about as you determine whether to capitalize on this growing line of business.
This new rule expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day. The new Same Day ACH processing window will go into effect on Sept. 18, 2020.
This change to the NACHA Operating Rules will enhance quality and improve risk management within the ACH Network by supplementing the existing account information security requirements for large-volume Originators and Third-Parties. This change will be implemented in two phases.
New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort.