Blog Posts

Learn more about Nacha and the payments industry in our monthly distribution of blog posts. Also included in the email are our recent podcasts.

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189 RESULTS
June 14, 2021
With the economic slowdown that resulted from the pandemic, the Nacha Risk Management Advisory Group (RMAG) updated its recommendations for ODFIs on sound business practice on exposure risk management. 
June 9, 2021
The new Warranty Claims Rule taking effect June 30 establishes specific time periods for RDFIs to make claims based on unauthorized entries and brings the ACH Network in line with other payment systems that have time limits.
June 2, 2021
In just over a year, a new Nacha Rule repurposing the R11 return reason code has proven to be quite successful.
June 1, 2021
If it’s been a while since you visited Nacha’s Resource Center for Corporates, you should take a look. There’s a lot there you and your customers can use.
June 1, 2021
A new Limitation on Warranty Claims Rule takes effect June 30, 2021, and Nacha's General Counsel said a key goal is “to give Originators more certainty on the time they may face claims on entries that they put into the ACH Network."
June 1, 2021
The Nacha Risk Management Advisory Group (RMAG) held a series of discussions on the topic of Third-Party Senders (TPSs) and the ODFIs that process for them. RMAG developed sound business practices for ODFIs for both the onboarding of new TPS clients and the ongoing monitoring of existing TPS clients.
May 18, 2021
“What is the difference between EFT, ACH and EDI?” We often get asked this question from business financial teams - even from seasoned financial pros. The quick answer is that all ACH (Automated Clearing House) payments are EFTs (Electronic Funds Transfers), but not all EFT payments are ACH. And EDI (Electronic Data Interchange) is a data format, not a payment.
May 18, 2021
Bringing ACH processing in-house is a major decision for any financial institution. There’s a lot to consider—including things you might not have considered. Kerry Sellen, AAP, APRP, is a Senior Director with Nacha Consulting, which works with clients eyeing just such a move. She said there are certain things you absolutely need to know before taking the plunge.
May 18, 2021
July is traditionally when Nacha holds the Payments Institute. Last July was very different. This July will only be slightly different.  Nacha is delighted to be hosting TPI On Campus, July 25-28 at the Westin Alexandria Old Town in Alexandria, Virginia, just eight miles south of Washington, D.C. We can promise you it’ll feature the quality payments education you’ve come to expect. 
May 13, 2021
Bulk subscriptions are now available for SPEAK, the on demand learning management platform from Nacha and its Payments Association partners. 
May 13, 2021
Under the Nacha Operating Rules, information in the ACH Contact Registry must be kept up to date. Is your financial institution's contact info current?
May 10, 2021
The Nacha Operating Rules are changed several times a year on average. The challenge of keeping up led a potential client to Azimuth GRC— and then Azimuth GRC to Nacha Consulting to help build a new offering to meet that need.