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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Alliance: Shaping the Future of Payments

February 5, 2020
Nearly 200 movers and shakers in the payments industry will gather in Las Vegas to discuss the hot topics that impact the business of payments. Check out the agenda.
Blog

Now is the Time to Prepare for the ACH Contact Registry

February 5, 2020
Although the ACH Contact Registry doesn't open until July 1, your financial institution should already be thinking about how it will comply with this new Nacha Operating Rule. A recent Nacha webinar offered a wealth of useful information.
Blog

Making ACH Even Easier: Why We Need to Reduce Friction

January 24, 2020
Easy is in the eye of the beholder. Assembling Ikea furniture is a piece of cake for some; others think it takes a master’s in engineering.  While we hope using the ACH Network is nowhere near as challenging, we know there can be friction for some.
Blog

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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