NACHA Government Relations Update - March 16, 2017

Posted March 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: Raphael Bostic Named as Next President of the Federal Reserve Bank of Atlanta; House Republicans Ask Comptroller Curry to Delay Fintech Charter Guidance and more.

NACHA Introduces the Faster Payments Experience at PAYMENTS 2017

Posted March 14, 2017

Educational content includes the Faster Payments Center Stage and more than 25 Faster Payments Experience sessions.

Addition of New Code for Child Support Banking Convention

Posted March 2, 2017

At the request of the federal Office of Child Support Enforcement, NACHA has added a new code to

NACHA Government Relations Update - March 2, 2017

Posted March 1, 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: NACHA Hosts British Consulate’s Office Trade Mission, NACHA Addresses CUNA Payments Policy Subcommittee Meeting, Hensarling’s Choice Act Slated for Floor Action in the House in Months and more.

Direct Payment via ACH Is a Valuable Donor Retention Tool for Nonprofits and Charitable Organizations, According to Industry Trends and NACHA Research

Posted February 22, 2017

NACHA launches new effort to build use of ACH payments to grow and retain donors, as well as releases a case study featuring Capital Public Radio, which uses Direct Payment via ACH to retain donors 20 percent longer
 

NACHA Announces Completion of Exploratory Effort with Accenture on API Standardization for the US Financial Services Industry

Posted February 21, 2017

NACHA announced today the completion of its exploratory effort around the value of API standardization for the U.S. financial services industry. 

​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.