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December 01, 2020
Rules Your Way
Why You and Your Customers Need to Have the Rules
The payments industry continues to evolve. To stay informed on the changes, all Network participants from businesses to customers benefit from the annual refresh of the Nacha Operating Guidelines. Get ready for 2021 Rule amendments including the…
September 22, 2020
ACH Keeps Transit Running
ACH Can Help Transit
American consumers and businesses make tens of billions of payments directly from their bank accounts each year using ACH. Most transit agencies operate on tight budgets, and with COVID-19 causing huge drops in ridership (and fare collections), every dollar counts more than…
September 15, 2020
When Crisis Struck, Direct Deposit Delivered for Americans
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver hundreds of millions of stimulus payments to Americans, not once, but twice.
The IRS reported that under the CARES Act, 122.5 million EIPs were made by Direct Deposit. When a second…