September 27, 2019
An FBI update shows the staggering impact of BEC, and has new information about some of the countries where scammers are sending the money.
September 26, 2019
Same Day ACH had an impressive August, showing large gains over a year earlier. And the number of Same Day PPD payments more than doubled.
September 20, 2019
As a general rule, faster is better. After all, who doesn’t like less traffic, or a plane that lands early? By the same token, who wouldn’t want to get their money quicker? That’s why there’s a lot to like about the new rule making ACH credits available in bank accounts sooner.
September 17, 2019
For the first time, fewer than half of B2B payments are being made by check, according to a new study from AFP.
August 26, 2019
Nacha launches its new Direct Deposit - Payday Today campaign to set the record straight about Direct Deposit.
August 25, 2019
How many times have you heard some version of “never take anything for granted”? Sometimes in this modern, digital age we forget about all the conveniences afforded us by advancements in technology, and we ignore that things haven’t always been done the way they are now. With real-time payments systems being built, real-time has been the topic du jour lately as it relates to paychecks.
August 21, 2019
Who says everything slows down in the summer? Same Day ACH didn't. In fact, it set a record.
August 13, 2019
Published in PaymentsJournal on August 13, 2019 If you keep up with the payments industry, you’re bound to have heard about APIs. It seems like every day brings fresh articles covering the newest APIs in glowing terms. From improving digital banking to facilitating Same Day ACH payments, APIs are having a major impact on payments and the wider financial industry. But what are APIs and how exactly are they changing the payment ecosystem? APIs 101: a crash course on communication API stands for application programming interface.
August 1, 2019
Why would Nacha have booths at a conference on nonprofit giving and a conference of public TV and radio professionals? Because attendees are exactly the folks who could benefit from using ACH.
July 23, 2019
Nacha is leading the industry effort on API standardization. To accomplish this objective, Nacha supports Afinis Interoperability Standards, a membership-based governance organization that brings together diverse collaborators to develop implementable, interoperable, and portable financial services standards.
July 18, 2019
It’s a nonprofit no-brainer: Encourage recurring donations through ACH/EFT. “Those organizations that have been doing this, that started with EFT early on, they get it,” said Erica Waasdorp, founder and president of the fundraising consulting firm A Direct Solution, and author of “Monthly Giving. The Sleeping Giant.” She works with organizations of all sizes, but focuses on small donors—generally $250 or less—with an emphasis on monthly giving. At a recent fundraising conference, Waasdorp’s co-presenter told her that 18% of her organization’s sustainers give by direct debit.
July 5, 2019
Triple digit growth in a single year shows you’re on to something. Such is the case with Same Day ACH. Since its 2016 debut, businesses small and large, financial institutions from Main Street to Wall Street, and consumers have embraced the benefits of Same Day ACH. Volume jumped 137% from 2017 to 2018, with nearly 178 million transactions last year. But it’s still a work in progress. In fact, we have an enhancement coming in September, making funds available sooner in the day for many ACH credits.