May 15, 2020
It can be challenging to find the right person at another financial institution to help with an ACH issue; that’s where the new ACH Contact Registry is going to help. Authorized users at the nation’s financial institutions will have access to the Registry, which opens July 1 for all financial institutions to begin adding contact information.
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.
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.
April 24, 2020
There's a Rules change being proposed that will help deal with payments that begin as commands to Alexa, Siri and other virtual assistants.
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.
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.
April 21, 2020
The ACH Network will continue to evolve and remain an important part of the nation's payments system, panelists said at a Smarter Faster Payments: Remote Connect session.
April 17, 2020
A couple weeks ago, I wrote to inform you that the ACH Network was ready to handle the federal government’s Economic Impact Payments. This has proven to be true, as our ACH Operators and banks and credit unions of all types and sizes have delivered the initial round of 81 million Direct Deposits, totaling perhaps $150 billion or more, to American families on time on April 15, as instructed by the government.
April 14, 2020
A new report from AFP finds Business Email Compromise was where “the majority of payments fraud attempts/attacks” originated in 2019.
April 10, 2020
Scott Klososky was to be one of the keynote speakers for Payments 2020. Because it was cancelled he wanted to share a top 10 list of things leaders need to do to help workers at home.
April 6, 2020
Nacha President and CEO Jane Larimer says the modern ACH Network stands ready to get federal stimulus money into the bank accounts of the people who need it.
March 30, 2020
Sometimes, the unexpected happens, as we're seeing these days. It's a good lesson on why financial institutions should prepare now for the new ACH Contact Registry.