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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.

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New Report Assesses Business Case for ISO 20022

In an effort to evaluate the business case to adopt ISO 20022 payment messages, The Federal Reserve Bank of New York, The Clearing House Payments Company LLC, Nacha – The Electronic Payments Association, and the Accredited Standards Committee X9, Inc., engaged KPMG LLP (KPMG) to conduct an independent assessment on whether or not a business case existed to adopt ISO 20022 payment messages for wire and ACH systems in the U.S. Users logged into the Nacha website can access the ISO 20022 Executive Summary Report