NACHA Membership Approves Same Day ACH

Posted May 19, 2015

NACHA announced today that its voting membership approved Same Day ACH, an amendment to the NACHA Operating Rules to move payments faster. The rule enables a ubiquitous same-day capability for virtually any ACH transaction, creating options for the businesses, governments and consumers who want to move their money faster.

NACHA CEO Janet O. Estep Named to Steering Committee of Federal Reserve's Faster Payments Task Force

Posted July 15, 2015

The task force, which has more than 300 members from the entire spectrum of payments system stakeholders, brings together many organizations interested in the future of U.S. payment systems.

​A Small Community Bank Sees Same Day ACH as Competitive Advantage

Posted July 8, 2015

In May 2015, NACHA’s voting membership approved Same Day ACH, an amendment to the NACHA Operating Rules to move payments faster. ​NACHA recently sat down with Tammy Stolpp, senior vice president with The Bank of Hemet, Hemet, Calif., to discuss how Same Day ACH impacts her $500 million-asset financial institution.

NACHA, RPAs File Joint Response to Federal Reserve Board RFC on Enhancements to FedACH SameDay Service

Posted July 2, 2015

NACHA and the Regional Payments Association filed a joint comment letter in response to the Federal Reserve Board’s request for comment.

NACHA Expands Curriculum at The Payments Institute 2015

Posted June 23, 2015

NACHA announced that it has expanded the curriculum at The Payments Institute to include a Master’s Program. TPI will be held July 12-15 at the Emory Conference Center Hotel in Atlanta.

FS-ISAC, Payments Risk Council to Host Cyber Readiness Event

Posted June 22, 2015

In October, FS-ISAC and the Payments Risk Council are conducting a two-day, table-top exercise that simulates an attack on payment processes. This annual exercise will help financial institutions internally assess readiness in the event of a cyber attack.

Commentary: ACH, Return Rates, and the Case for Transparency

Posted June 11, 2015

Components of NACHA's new ACH Network Risk and Enforcement and Quality Rules will become effective in September. Now is an opportune time to review your return rate levels to prepare for implementation of the Rules.