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
December 21, 2020
The online educational tool has been updated to help businesses adopt ACH as their preferred payment method for B2B and B2C payments.
December 21, 2020
In your list of new year’s resolutions, how about one to add your information to the ACH Contact Registry? If you already did, thank you! In fact, at the close of 2020, more than 32,000 contacts had been registered by financial institutions across the country. Nacha is thankful to those who have taken the time to do this. Not only are you fulfilling an obligation under the Nacha Operating Rules, you’re also helping your counterparts at other FIs far and wide, which is the goal of the Registry.
December 21, 2020
Like many other churches, Victory Grace Center found that having the option to pay using ACH, or the Automated Clearing House Network, was a saving grace as electronic payments provided a simpler, more automated way of paying for their goods and services.
December 18, 2020
These days, most of what businesses and individuals do on the web involves interacting with APIs, or application programming interfaces, which are an essential pillar of many of the online services we have come to rely on. In the payments and financial services industry, the interoperability of banking technology is just as important to stakeholders as checking out Beyoncé’s new Instagram post is to music fans. And the standardization of these more nuanced APIs is the key to interoperability.
December 16, 2020
The second version of the online Playbook focuses exclusively on helping business end users navigate the changing faster payments landscape.
December 15, 2020
New Year’s Day 2021 brings with it a change to the Nacha Operating Rules. If you haven’t already, the time to familiarize yourself is now.  The new Rule defines an “egregious violation” as a willful or reckless action by a Financial Institution, Originator, or Third-Party Sender, involving at least 500 entries or multiple entries totaling a minimum of $500,000. 
December 14, 2020
File holders, you know who you are, but for those who don’t, allow us to explain.  Sometimes, organizations originating ACH payments use stale or other invalid dates in the “Effective Entry Date” field. Accidents happen, but some do it routinely or have never implemented the capability to use current Effective Dates. 
December 11, 2020
As part of its ongoing campaign to highlight the importance of Direct Deposit (directdepositdelivers.org), Nacha recently participated in a Twitter chat. In the one hour online conversation with 91 contributors, 3,132 Tweets were sent addressing not only Direct Deposit but also Split Deposit and ways to prepare financially for 2021.
December 10, 2020
Property management is a big business that handles a lot of money, with managers collecting rents from tenants and then forwarding the funds to owners. As payments increasingly move online and away from paper checks, a fair share of those funds flow through the ACH Network. That makes it all the more important for property managers to be aware of their responsibilities when using the ACH Network.
December 10, 2020
With the unexpected uptick in their business in the midst of a pandemic, having customers make ACH payments has been a true benefit to the Littlejohns as these electronic payments are easy, convenient, low cost and secure.
December 9, 2020
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments.  Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here. We also invite you to watch our video:
December 8, 2020
Consumers and businesses have come to trust the ACH Network as a secure way to receive their pay with Direct Deposit, pay bills through Direct Payment, donate to favorite causes and more. One factor that helps keep the ACH Network high quality is Nacha’s Rules enforcement.