December 12, 2018
The healthcare industry has been quickly moving to electronic claim payments in recent years, but there are still significant “pain points” that need to be addressed, a senior Nacha official told a federal advisory panel. Since the Nacha “CCD+Addenda” was designated as the healthcare EFT standard in January 2012 its adoption has been “robust,” said Michael Herd, Nacha senior vice president, ACH Network Administration.
November 1, 2018
Sometimes you can find answers around the corner. Other times, you have to fly 20 hours. For Leticia Mentz, it was the latter. Mentz is with the Payments Association of South Africa, or PASA, where she looks after industry capacity building and communication. She recently came from Johannesburg to spend a week visiting Nacha headquarters, where staffers shared their expertise. She described the United States and South Africa as “different countries with the same issues” and called Nacha “a like-minded organization” to PASA.
October 26, 2018
Here at Nacha Elevation Consulting, we’re ready to help you navigate the challenges associated with receiving and applying remittance data from electronic payments. Our team can help you develop the strategies and processes you’ll need to fully capitalize on faster payments. That’s why when we read Ernie Martin at ReceivableSavvy’s list of five challenges companies face when dealing with remittance data from electronic payments, we knew we had to share!
November 12, 2017
Amid the ongoing storm of industry activity, having all of the information at your fingertips to answer any questions you have about the payments system is nearly impossible. Organizations need a trusted party to assess their situation, answer questions within the context of their unique organization, and provide the best guidance regarding next steps and approach.