November 18, 2020
Businesses and other organizations play an important role in the modern ACH Network, which is why Nacha has created a new ACH Rules for Corporates Resource Center dedicated to assisting them. Nacha’s ACH Rules for Corporates Resource Center is a one-stop hub for corporate end users to keep up with developments to the Nacha Operating Rules and the ACH Network. Among the resources available are:
November 2, 2020
HERNDON, Va., Nov. 2, 2020 – Nacha welcomes Nivelo to its growing list of partners– including Visa – who have signed up as an early adopter of Phixius, a payment-information exchange platform that helps organizations more securely share and manage electronic payments information. (Related release.)
October 20, 2020
The ACH Network had exceptionally strong growth in the third quarter of 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network totaled 6.8 billion payments in the third quarter, a 9% increase from the same period in 2019. The value of those payments, $15.9 trillion, reflects a 13.1% increase. With one additional banking day in the third quarter of 2020 compared to the third quarter of 2019, ACH Network volume compared on a per-day basis increased by 7.3%.
October 7, 2020
iCheckGateway.com is now a Nacha Preferred Partner for ACH Solutions and Automation. In becoming a Preferred Partner, iCheckGateway.com joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.
October 6, 2020
Joins the Executive Management Team HERNDON, Va. – Oct. 6, 2020 – Nacha recently named Jeanette Hait Blanco to the position of General Counsel. Prior to her promotion, Ms. Blanco served as Nacha’s Associate General Counsel – Network, where she provided legal support relating to the Nacha Operating Rules and for Nacha’s activities in the areas of electronic commerce and payments. Before joining Nacha, Ms.
October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’s consumers, businesses and other organizations.
September 17, 2020
The Alliance’s Project Teams continue to play a crucial role in providing thought leadership on topics impacting the payments space and financial services HERNDON, Va., Sept. 17, 2020 – In its continued efforts to shape the future of the payments industry and to develop thought leadership relevant to financial services, Nacha’s Payments Innovation Alliance released two new resources specific to voice payments and cybersecurity.
September 15, 2020
HERNDON, Va., Sept. 15, 2020 – In honor of National APRP Recognition Day, which is commemorated annually on the third Tuesday of September, Nacha will recognize over 360 Accredited Payments Risk Professionals.
August 19, 2020
More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit
August 12, 2020
Nacha today announced that Visa joined a growing list of partners piloting Phixius – a payment-information exchange platform that helps credentialed service providers share and manage electronic payments information, making pre and post payments processing more efficient and secure than current processes.
July 15, 2020
HERNDON, Va., July 15, 2020 - The reliability and value of the ACH Network to the nation was clear in the second quarter of 2020. ACH payment volume growth of 7.9%, compared to the same period a year ago, reflects the use of the ACH Network to deliver economic assistance to individuals and businesses, as well as an acceleration in the shift from paying by paper check to paying electronically.
July 13, 2020
HERNDON, Va., July 13, 2020 – Nacha’s Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, announced today it has added 17 new member organizations. Afinis brings diverse collaborators together to build and test solutions, develop implementable and portable standards, and provide thought leadership on the shared goals of advancing efficiency, surety and security, and interoperability for financial services.