Latest News

NACHA Membership Approves Same Day ACH

Posted May 19, 2015

NACHA announced today that its voting membership approved Same Day ACH, an amendment to the NACHA Operating Rules to move payments faster. The rule enables a ubiquitous same-day capability for virtually any ACH transaction, creating options for the businesses, governments and consumers who want to move their money faster.

NACHA Expands Curriculum at The Payments Institute 2015

Posted June 23, 2015

NACHA announced that it has expanded the curriculum at The Payments Institute to include a Master’s Program. TPI will be held July 12-15 at the Emory Conference Center Hotel in Atlanta.
 

FS-ISAC, Payments Risk Council to Host Cyber Readiness Event

Posted June 22, 2015

In October, FS-ISAC and the Payments Risk Council are conducting a two-day, table-top exercise that simulates an attack on payment processes. This annual exercise will help financial institutions internally assess readiness in the event of a cyber attack.

Commentary: ACH, Return Rates, and the Case for Transparency

Posted June 11, 2015

Components of NACHA's new ACH Network Risk and Enforcement and Quality Rules will become effective in September. Now is an opportune time to review your return rate levels to prepare for implementation of the Rules.

Upcoming Events

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.

Jul 23

Webinar: Exploring Third-Party Sender Registration

Understand what NACHA is proposing and why.

Sep 29

Payments Innovation Alliance Meeting

Epic Hotel | Miami, FL

Final 2015 meeting of the Payments Innovation Alliance.

 

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

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.

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.