Alliance Project Teams

Shaping the Future of Payments

Payments Innovation Alliance Project Teams are the heart of the Alliance and is the place where Alliance members come together to address educational needs and provide thought leadership on issues impacting the payments space. Deliverables from Alliance initiatives have included publishing industry white papers, developing best practices initiatives and testing proof of concepts. We encourage you to join a project team and help influence the direction of the payments industry!

Join a Team
The Alliance welcomes new project team members and the collaboration of ideas! To join an active project team, you must be an Alliance member in good standing and be able to participate regularly during scheduled meeting times. Project teams typically meet monthly via conference call and during the winter and fall Alliance meetings. Learn more about each of our active initiatives below and contact Jennifer West to join a team.

 

Project Team Web Access
Current team members, please click the links below to visit your team's member web page and access upcoming meeting information and team documents and resources. You must be logged into the Nacha website to view team pages. Contact us if you need assistance.

ACTIVE INITIATIVES

Playbook for Faster Payments

The Playbook for Faster Payments project team is developing tools for financial institutions and business end users that are seeking direction and clarity on faster payments. These tangible tools will help organizations understand all of the faster payments options, make decisions and develop go-forward strategies appropriate to their customer bases and business needs. This team recently released Faster Payments 101; an educational primer designed to impart foundational understanding of faster payments and the momentum behind its adoption in the U.S. 

Team Deliverable

  • Faster Payments 101

Cybersecurity Response Plan/Checklist
This team is producing tools and resources to help organizations understand evolving threats and identify questions and topics to address before, during and after a cyber-attack. This team's first deliverable is a template for organizations to use providing guidance and considerations in responding to security incidents.

ACH Quick Start Guide
This team is developing tools and other resources to help small and medium-sized businesses more readily understand and use ACH to make and receive payments for an array of use cases. Recently, this team launched an interactive online tool to help businesses understand how they can use ACH to enable B2B payments.

ACH Quick Start for Developers
This sub-group of the ACH Quick Start Guide project team will create a tool for developers that need to code to the Nacha Operating Rules format, but are not Rules experts. This tool will include file formats, scenarios for using specific data elements and information on where to find details in the Rules.

New! Voice Payments Technology

Voice Payments is an emerging channel where consumers use devices such as Alexa or Google Home to conduct banking or make payments. This project team will address this critical topic through industry education and developing standards and policies. 

PAST INITIATIVES

ISO 20022 Toolkit 

This team developed an educational resource to help financial institutions and companies understand the capabilities, timelines and functionality of various ISO 20022 enhancements. 

Team Deliverable