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Tag: Press Release

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Following the increase of the Same Day ACH dollar limit to $1 million in March 2022, Nacha and the ACH Operators - the Federal Reserve and The Clearing House - have completed the latest phase in the acceleration of ACH payments with the implementation of “Late Night ACH.”
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Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier.
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Today, Nacha announced the launch of PaymentsIQ by Nacha. This user-friendly online resource allows payments professionals to access more than 100 on-demand courses on topics across the payments ecosystem, ranging from the latest enhancements to the ACH Network to risk management and cryptocurrency.
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Today, Nacha, the U.S. Faster Payments Council (FPC) and our nation’s Payments Associations announced a first-of-its-kind alliance to create the Accredited Faster Payments Professional (AFPP) program. This partnership demonstrates a cross-industry collaboration to benefit the entire payments community.
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Nacha released a report on its latest Risk Management Framework today, providing a new strategy for industry participants in both the ACH Network as well as other payments systems to address new and persistent frauds that increasingly make use of credit-push payments.
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HERNDON, Va., Sept. 20, 2022 – In honor of National APRP Recognition Day, Nacha will pay tribute to 717 Accredited Payments Risk Professionals, including 145 newly-credentialed professionals who recently passed the 2022 APRP exam.

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Nacha’s Phixius service announced today that financial institutions and service providers in the Phixius network have utilized the service more than 1 million times so far this year to verify payment-related data.
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The ACH Network moved 7.5 billion payments in the second quarter of 2022, led by growth in Same Day ACH and business-to-business (B2B) payments.
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Nacha has awarded Nacha Certified status for a second consecutive term to Paycor, a leading provider of Human Capital Management software.
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Today, Nacha announced a partnership with Phixius and Aliaswire that will enable financial institutions, fintechs and businesses that originate a small volume of ACH transactions to comply with Nacha’s WEB Debit Account Validation Rule.
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Paychex has met the criteria to have its Nacha Certified status renewed through May 2024.
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The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended.
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As part of its Smarter Faster Payments Conference here, Nacha announced its 2022 Pay-Me Award Honorees, recognizing companies and organizations that have helped advance the ever-evolving payments industry.
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Nacha’s Afinis Interoperability Standards announced its new Board of Directors.
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Nacha’s Top 50 rankings of financial institution originators and receivers of ACH payments for 2021 are now available.
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The latest enhancement to Same Day ACH is here. The per payment limit is now $1 million.
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Today, Nacha's Payments Innovation Alliance announced its 2022-2023 Advisory Committees. Working with Nacha staff, the Advisory Committees serve a leadership role to identify and address some of the most important issues facing the payments industry and provide strategic direction to the Alliance.
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Feb. 8 is National AAP Recognition Day, when we recognize the 4,500 payments professionals who have earned this prestigious accreditation.
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Nacha announced today the addition of Webster Bank as a Nacha Direct Member. Nacha has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) that collectively represent nearly all financial institutions across the United States.
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ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.