Shaping the Future of Payments
Through project teams, members collaborate to influence existing and emerging payment trends, drive change, remove barriers and support innovation. Deliverables from Alliance initiatives include creating resources and tools, developing best practices and testing proof of concepts – ultimately shaping the future of payments.
The Alliance welcomes new project team members and the collaboration of ideas. To join a project team, you must be an Alliance member in good standing and be able to participate consistently during scheduled meetings. Project teams typically meet monthly via conference call and in-person at the winter and fall Alliance meetings. Continue scrolling down to learn more about each of our active initiatives and contact us to join a team.
We encourage you to watch the video above to see Alliance members in action, as well as review the features of Alliance membership. Then reach out to us to join. We look forward to welcoming you into the Nacha family.
The Faster Payments Professional certificate program is the first of its kind in the industry. The program will provide a holistic view of faster payments, including current offerings – such as Same Day ACH and RTP®. As a project team member, you will help design the program, including what it will take for professionals to earn and maintain the FPP certificate.
Faster Payments Playbook for Corporates
This team, in collaboration with the U.S. Faster Payments Council, is developing tools for financial institutions and business end users that are seeking direction and clarity on faster payments. Previously, the team published the Faster Payments Playbook and Faster Payments 101 for financial institutions. Currently, the team is developing an interactive resource for corporates.
Conversational Payments & Cybersecurity Response (CPCR)
For 2021, the Conversational Payments and the Cybersecurity Response teams have become one Project Team to better collaborate on developing relevant industry resources.
The Conversational Payments team addresses the emerging channel where consumers use voice assistants, smart speakers and other devices and technology to conduct banking or make payments. The team has begun publishing a series of Executive Briefs on the topic. Download the first Executive Brief.
As the usage of smart speakers continues to grow, so does the popularity of purchasing them as gifts. The CPCR Project team has created a guide with simple steps to keep consumers safe and protect their privacy. Download and share “Unwrapping Smart Speakers.” The latest Executive Brief produced by these teams is Voice Payments: Contractual Considerations for Financial Institutions.
The Cybersecurity Response Team develops tools and resources to help organizations understand evolving threats related to potential cyberattacks. The team recently published a top 10 list of COVID-19 Best Fraud Prevention and Cybersecurity Practices. Previously, the team developed a template providing guidance and considerations to organizations as they respond to security incidents. Download the Security Incident Response Timeline.
ACH Quick Start Tool Project Team
This team has developed a tool to help small and medium-sized businesses more readily understand how they can use ACH to make and receive payments for a variety of use cases. The ACH Quick Start Tool, an interactive online resource, helps businesses with B2B and B2C payments.
ACH for Developers Guide
This team just published a web resource for developers who need to code to the Nacha Operating Rules format, but are not Rules experts. The Guide for Developers includes background info on the ACH Network, ACH file formats, scenarios for using specific data elements, and information on where to find additional details in the Rules.