​NACHA Challenge Deadline Extended – Entries Due Feb. 28

Posted February 17, 2017

The NACHA Challenge, a team competition — worth $25,000 in prize money — is designed to foster new ways to leverage Same Day ACH to create innovative solutions to improve efficiencies and added capabilities within the payment system. 

ACH Operations Bulletin #1-2017: Social Engineering Fraud Against Public-Sector and Other Entities

Posted February 16, 2017

This ACH Operations Bulletin provides information to Participating Depository Financial Institutions and their business customers about a specific type of social engineering fraud that is targeting public-sector entities. Fraudsters have used these social engineering techniques to manipulate public-sector entities into redirecting legitimate vendor payments to accounts controlled by the fraudsters. Although any business entity could be the target of this type of social engineering attack, public-sector entities seem to be specifically targeted because their contracting information is often a matter of public record.

“Split to Save” Campaign Launches to Encourage American Workers to Increase Savings and Build Wealth through Split Deposit

Posted February 16, 2017

NACHA and partner organizations will host a webinar on Feb. 23, as well as highlight the value of Split Deposit during America Saves Week, Feb. 27-March 4, through Direct Deposit and Direct Payment via ACH Month in May.

NACHA Government Relations Update - Feb. 16, 2017

Posted February 15, 2017

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: CFPB Granted Rehearing of Court Ruling; NACHA Submits Comments on Enhanced Cyber Risk Management Standards and more.
 

Reminder of IRS and State Tax Refund Opt-In Programs

Posted February 15, 2017

NACHA, in conjunction with national Security Summit Financial Services Work Group, which includes

NACHA to Recognize More Than 330 New Recipients of the Accredited ACH Professional Credential during National AAP Recognition Day on Feb. 14

Posted February 14, 2017

n honor of National AAP Recognition Day, NACHA will recognize the 332 newly credentialed  Accredited ACH Professionals who passed the 2016 AAP exam, as well as the nearly 4,500 professionals who currently hold the credential.

NACHA Board of Directors Elects New Officers, Adds Two Representatives to Board Advisory Group

Posted February 8, 2017

NACHA announced the election of new officers to its Board of Directors and the addition of ​two new representatives to its Board Advisory Group, which consists of diverse end-user organizations and technology solution providers who engage directly with the NACHA Board of Directors.

Ninety Percent of Surveyed Banks Report Same Day ACH Origination Volume is Higher Than or as Anticipated

Posted February 6, 2017

New survey results released today show that Same Day ACH usage is strong, with 80 percent of respondents expecting to see steady growth in 2017. ​None saw an increase in fraud due to Same Day ACH.