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.

45 results

IRS Reminds Taxpayers that Direct Deposit is the Fastest Way to Receive a Refund

January 14, 2020
Want your tax refund fast? Use Direct Deposit. And while you’d normally think that’s what we’d say, this time it’s not. That’s coming from the Internal Revenue Service, which called Direct Deposit the “simple, safe and secure” way to get your tax refund. In a recent web post, the IRS reminded taxpayers that with tax season upon us “choosing to have (your) tax refund directly deposited … is the fastest way to get (your) refund.” That’s good news for the 96 million Americans who are expecting a refund this year – many of whom are already using Direct Deposit.
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Missing Appendix 8? What You Need to Know

January 8, 2020
If you're missing Appendix 8 of the Nacha Operating Rules, don't worry. A recent Nacha webinar showed there's other ACH audit guidance available.
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Five Reasons Why it’s Crazy for Businesses to Write Checks

December 2, 2019
Remember the “Jetsons” cartoon when George Jetson took his dog Astro out for a walk on the space treadmill? Yikes! He got sucked up into a never-ending, out-of-control spin cycle, screaming, “Jane, stop this crazy thing!” Similarly, many businesses are stuck on the check-writing treadmill.
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