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Nacha Supports Executive Order to Eliminate Federal Check Payments, Citing Cost Savings and Fraud Reduction
RESTON, Virginia, July 2, 2025–Nacha submitted formal comments in support of Executive Order 14247, “Modernizing Payments To and From America’s Bank Account,” applauding the Treasury Department’s efforts to eliminate paper checks for federal …
Direct Deposit Campaign Adds New Use Cases and Subjects Nacha launched DirectPayment.org , a new consumer-focused awareness campaign to highlight the convenience and safety of using Direct Payment to pay bills. Also known as electronic funds transfer …
If you’re of a certain age and spent Saturday mornings in front of the TV, you probably remember “I’m Just a Bill” from “Schoolhouse Rock!” explaining how bills become laws. While there’s no equivalent cartoon for how the Nacha Operating Rules are made, …
Failure is not an option when making a payment—though it can become a reality if the wrong routing number is used. “If there is a payment failure it ultimately means that there is someone who doesn’t get their payment on time, someone who doesn’t get …