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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 …
Ask Joe Hussey about the prospects for the ACH Network and he’ll tell you why he believes “the future is solid.” It starts with the more than 33 billion payments processed annually. “That is core to the U.S. infrastructure. It’s core to the economic …
Nacha has submitted comments to the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) in response to the Request for Information on Potential Actions to Address Payments Fraud. Nacha …
Do you work for a financial institution serving corporate clients that make high-value, time-sensitive payments? Are you part of a business, nonprofit, or government agency that regularly sends payments over $1 million? Or are you a third party or …
The holidays are behind us, but there’s one more thing to do before officially bidding farewell to 2025. Nacha needs your financial institution’s help in compiling the ACH Volume Survey. The survey is important in helping Nacha get a better understanding …
Nacha’s Top 50 ACH Originators and Receivers of 2025 Now Available; Total ACH Payment Volume in 2025 Exceeded 42 Billion
RESTON, Virginia , March 5, 2026 – The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2025 are now available. Among originating financial institutions, the Top 50 handled ACH volume of 30.7 billion payments …
The problems with paper checks are well-documented. According to the Federal Reserve , “Checks are vulnerable to fraud because checks can be stolen, altered, or forged.” Also, “the physical nature of checks makes them susceptible to theft while in …
Even higher education professionals can sometimes use a little schooling—especially about how to make and receive payments. “I think for schools, their objective should be a checkless campus,” said Michael Herd, Nacha Executive Vice President, ACH …
NEW ORLEANS —A mom-and-pop restaurant is way different from a neighborhood lawn care company, which has little in common with the one-person consulting firm. Yet as Peter Tapling notes, “We tend to paint small business with a broad brush,” no matter how …