Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

Featured News

Jane E. Larimer to be Next CEO of Nacha

Announcement Coincides with Refreshed Nacha Brand Uniting its Programs and Initiatives through New Visual Identity

ORLANDO, Fla., May 6, 2019 – The Nacha Board of Directors has selected Jane E. Larimer as the next President and CEO of Nacha effective July 1, 2019. The Board thanks Janet O. Estep, Nacha’s current President and CEO for her successful 11 years of leadership of Nacha and within the payments industry, and welcomes her assistance in the transition before she retires at the end of 2019.

Nacha Introduces the Nacha Corporate Experience

The Nacha Corporate Experience Combines Standards and Technology to Deliver a More Efficient Payments Experience for Today’s Businesses 

ORLANDO, Fla., May 6, 2019 – Today, Nacha introduces the Nacha Corporate Experience, a new way of demonstrating how businesses can more effectively exchange payments and information.

FBI Alert on Payroll Diversion Fraud

Recently the FBI issued an alert warning that “cybercriminals are targeting the online payroll accounts of employees in a variety of industries.”  Once a cybercriminal has obtained an employee’s login credentials, direct deposit information is changed and redirected to an account controlled by the cybercriminal. The FBI alert can be found here.

Nacha has previously alerted ACH participants to Payroll Impersonation Fraud in our online Fraud Prevention Booklet, as well as guidance on sound business practices. These resources are available here:

Both the FBI alert and the Nacha resources include steps to take to avoid being a victim. We encourage you to share this information with your team, your members and your customers.