Nacha News

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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The American Economy Runs on ACH, Says Mercator Advisory Group White Paper

HERNDON, Va., May 28, 2020 – The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster Payments.” The paper also highlights how – as payments become faster – ACH supports the future of the industry with Same Day ACH, while providing the money-movement infrastructure for many other payment products.

Nacha Reports ACH Network Growth of 7.1% in First Quarter 2020; Expects Slowdown Due to COVID-19

HERNDON, Va., April 9, 2020 – The ACH Network opened 2020 with a strong first quarter, as the number of payments rose 7.1% from a year earlier. The results were driven primarily through robust growth occurring prior to the slowdown of economic activity due to COVID-19.

“While ACH results for the entire first quarter are positive, the current coronavirus national emergency is already impacting payment system volumes, including the ACH,” said Jane Larimer, Nacha President and CEO. 

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Webinar: The American Economy Runs on ACH, Says Mercator Advisory Group White Paper

May 27, 2020
The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster Payments.” To review the paper, Mercator is hosting a complimentary webinar featuring Michael Herd, Nacha’s Senior Vice President of ACH Network Administration, and Sarah Grotta, Mercator’s Director of Debit and Alternative Products Advisory Service and author of the white paper, on Thursday, June 4, at 1 p.m.
Blog

The ACH Contact Registry is Almost Here. Is Your Financial Institution Ready?

May 15, 2020
Odds are you’ve been working from home a lot recently, and every so often there’s probably something you need at the office. Maybe it’s the printer for the jumbo spreadsheet, or the double monitor setup at your desk.  At the same time, there may be something that hasn’t changed no matter where you’re working: the challenge of finding the right person at another financial institution to help with an ACH issue.
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Survey Illustrates Invoicing Portal Process is Fragmented

May 6, 2020
Nacha, The Credit Research Foundation, and AP Now recently collaborated on a “360 degree” survey of payables and receivables professionals to assess industry benchmarks, practices and perceptions of the B2B invoicing process.
Blog

For Community Banks, the Future May Well be Here

April 29, 2020
The focus of a recent Smarter Faster Payments: Remote Connect session was on future-readiness of community financial institutions. But given some changes necessitated by the coronavirus, the future may already be at hand.
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The State of Nacha and ACH

April 23, 2020
Nacha President and CEO Jane Larimer introduces two new videos. One is a look back on 2019's accomplishments, while the other focuses on 2020, including how Nacha is helping the nation during the national emergency.
Blog

Phixius Featured in Nilson Report

April 22, 2020
Nacha recently announced it is developing Phixius, an online platform that integrates technology, rules and participants to exchange payment-related information across all payment types. This new platform was featured in the Nilson Report, which covers the global card and mobile payment industry. The article noted: “Phixius is a blockchain-supported data-sharing platform that Nacha will offer in the U.S.
Blog