Achieving straight-through processing by having the payment and remittance together are payments practitioners' utopia.

Nacha has tools available to help you develop the strategies and processes you’ll need to fully capitalize on your payments mix, create efficiencies and achieve cost savings.

• Do you need to exchange payments and information in a specialized way? Banking conventions, or the formats used to present data in an Addenda Record, are one way that Nacha has adapted the ACH Network to meet specific needs. Using the right convention with the right payment process means smarter, more efficient electronic transfers. Learn More.
• Are you seeking to leverage ISO 20022 to facilitate translation of ISO 20022 pain.001 (credit) and pain.008 (debit) messages into ACH transactions? The ISO 2022-to-ACH Mapping Guide and Tool provides standardized guidance for translating ACH reject/return messages to corresponding ISO 20022 payment status and treasury reporting messages (pain.002 and camt.053) Learn More.

Validating payment-related information quickly and securely is key to mitigating fraud and enhancing the certainty of payment routing.

• Phixius by Nacha enables instantaneous verification of routing and account numbers and validation of account ownership. This trusted peer-to-peer network enables businesses to exchange and verify payment-related information securely, instantly, and across multiple payment types. Phixius’ applications provide for the exchange and verification of payment-related information, risk management, and fraud prevention — all in one place. Learn More.
• The Nacha Account Validation Center was designed for businesses/governments of the ACH Network looking for a one-stop shop resource center that includes third-party validation service vendors, Web Debit Rule information and specific information for merchants and billers. Learn More.  

Authorization 

Authorization involves determining what information should be collected and retained so that there is adequate proof in the event that a transaction is challenged--a common challenge among ACH Network participants that originate or process WEB ACH consumer debit transactions. The ability to prove that a transaction was properly authorized is highly dependent on the attributes of the authorization process and any underlying processes used to validate identity, all of which may vary among institutions, transaction types and operating models. Learn more.

Authentication 

Authentication in the ACH Network is a common challenge among all ACH Network participants, particularly for WEB transactions. The eResource covers relevant risk management requirements for WEB in an effort to help participants better understand authentication technologies that are available on the market. Learn more.

Fraud mitigation is of paramount focus for all. This section provides key resources to protect your company, employees and customers. 

• Nacha's Risk Management Resource Center has a wealth of helpful information, including articles, guides, checklists and much more.
• Synthetic fraud, business email compromise, ransomware, money mule, account takeover and other scams are just a handful of the ways criminals are seeking to do financial and reputational harm. Learn about the latest threats so you can protect your organization. Learn More.
• Looking for Third-Party Senders that are Nacha Certified and demonstrate that they have effective ACH Rules compliance and risk management, and sound corporate governance? Or are you a Third-Party Sender and want to become Nacha Certified so you can set yourself apart in today’s competitive market? Learn More.

As a payments practitioner, you understand the value of being able to share challenges and successes with others so that you can learn from one another in a collaborative environment. Nacha is known for its ability to bring in diverse stakeholders to tackle the thorny payments issues.

• When you join the Payments Innovation Alliance, you'll team with diverse stakeholders from financial institutions, fintechs and corporates to support payments innovation, collaboration and results. Alliance members support the ACH Network and the payments industry worldwide through discussion, debate, education, networking, and special projects. Learn More.

• The Nacha ACH Network Advisory Board serves as a venue for senior executives from a balanced cross section of corporations, fintechs and other technology providers to communicate directly with the Nacha Board of Directors. ANAB provides input and feedback on topics significant to the ACH Network and to those who use or support and enable the use of ACH payments by others. Learn More.

• Do you want advisory expertise from across the payments spectrum to provide help across all payment rails? Visit Nacha Consulting for expert advice on international payments, payments strategy, custom training, and more. Sign up for a complimentary 15-minute consultation. 

• Looking for actionable, leading-edge education with more than 120 sessions presented by payments industry leaders and an exhibit hall for of solutions, including a Small to Large Business Perspectives educational track? Look no further! Register for Smarter Faster Payments. Learn More.
• As a payments professional, increase your marketability while benefitting your employer with these accreditations and certificates:
  • Demonstrate effective management of the ACH Network through the Accredited ACH Professional (AAP).
  • Showcase your risk management profile across payment types with the Accredited Payments Risk Professional (APRP).
  • Demonstrate your proficiency in the faster payments field with the Faster Payments Professional certificate (FPP).