October 20, 2020
Volume on the ACH Network totaled 6.8 billion payments in the third quarter of 2020, a 9% increase from the same period in 2019.
October 7, 2020
iCheckGateway.com is now a Nacha Preferred Partner for ACH Solutions and Automation.
October 6, 2020
Nacha Names Jeanette Hait Blanco as General Counsel. Appointment rounds out the Nacha Executive Management team.
October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’s consumers, businesses and other organizations.
Nacha’s Payments Innovation Alliance Releases Two New Resources Focused on Voice Payments and Pandemic-Related Cybersecurity Best Practices
September 17, 2020
The Alliance, a membership organization, brings together diverse, global stakeholders – including financial institutions, solution providers, corporates, and more – to support payments innovation. Through various active Project Teams, the Alliance collaborates to create tools designed to influence existing and emerging payment trends, drive change, remove barriers, and support innovation.
Nacha to Recognize Over 360 Accredited Payments Risk Professionals During National APRP Recognition Day on Sept. 15
September 15, 2020
The APRP exam tests for comprehensive risk management knowledge across all payment types, including check, wire, debit, credit and prepaid cards, emerging and alternative payments, and ACH.
Despite Concerns Over Mail Delivery, Overwhelming Majority of Federal Government Payments Continue to be Made On Time
August 19, 2020
Nacha issues a statement from Jane Larimer President & CEO of Nacha regarding recent comments that claim significant concerns over the delivery of payments from the Social Security Administration and the Veterans Benefits Administration via the U.S. Postal Service. However, more than 97% of recipients of Social Security and Veterans Benefits rely on direct Deposit
August 12, 2020
Visa joins a growing list of partners piloting Phixius, which helps credentialed providers share and manage electronic payments information.
ACH Network Supports Americans and the Economy During Time of Need; Payment Volume Rose 7.9% in Second Quarter
July 15, 2020
The ACH Network reported payment volume growth of 7.9% in the second quarter of 2020, compared to the same period a year ago, reflecting the use of the Network to deliver economic assistance to individuals and businesses, as well as an acceleration in the shift from paying by paper check to paying electronically.
Afinis Interoperability Standards Adds 17 New Member Organizations to Further Enhance Focus on the Rapid Delivery of APIs
July 13, 2020
Afinis brings diverse collaborators together to build and test solutions, develop implementable and portable standards, and provide thought leadership on the shared goals of advancing efficiency, surety and security, and interoperability for financial services.
Nacha Announces Lyons Commercial Data as a Preferred Partner for Routing Number, and Account & Ownership Verification
June 29, 2020
Lyons Commercial Data is now a Nacha Preferred Partner for Routing Number, and Account and Ownership Verification. In becoming a Preferred Partner, Lyons Commercial Data joins a select group of innovators whose offerings align with Nacha’s strategies to advance the ACH Network. “Verifying routing and account information is a critical component of minimizing risk and maintaining compliance in the ACH Network,” said Nacha President and CEO Jane Larimer.
June 1, 2020
Nacha has approved Paychex, Inc. for a two-year renewal of its Nacha Certified status, good through May 2022.