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

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.

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.

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.

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.

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.

The ACH Network is Delivering Emergency Assistance on Time

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.