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.

152 results

ACH Network Volume Jumps 9.5% in Third Quarter

October 15, 2019
ACH Network payment volume and Same Day ACH payment volume both soared in the third quarter of 2019. The 6.2 billion ACH payments in the third quarter is an increase of 9.5% from a year earlier. There were 3.6 billion debit transactions and 2.6 billion credits. Those payments were valued at $14.1 trillion, which is nearly 11% more than the third quarter of 2018. 
Press Release

Nacha Adds Synovus as a Direct Financial Institution Member

September 30, 2019
Nacha today announced the addition of Synovus as a Direct Financial Institution Member. Nacha’s Direct Members now consist of 32 financial institutions and 11 Payments Associations (PAs) that jointly represent approximately 11,000 financial institutions across the U.S. “On behalf of Nacha and its Board of Directors, I welcome Synovus to the Nacha family as a Direct Member,” said Jane Larimer, president and CEO of Nacha.
Press Release

Nacha Announces Plaid as a Preferred Partner for Account Validation

August 29, 2019
Plaid is now a Nacha Preferred Partner for Account Validation, joining a select group of innovators contributing to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release

Nacha Announces Envestnet | Yodlee as a Preferred Partner for Account Validation

August 23, 2019
Envestnet | Yodlee is a new Nacha Preferred Partner for Account Validation, joining a select group of innovators contributing to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments. 
Press Release

ACH Network Sees Highest Quarterly Growth in 11 Years

July 11, 2019
The ACH Network saw its highest quarterly growth rate in more than a decade during the second quarter of 2019, as volume climbed 7.7% over the same period in 2018. Same Day ACH volume rose 46%.
Press Release

Nacha Announces GIACT® as a Preferred Partner for Account Validation

June 24, 2019
GIACT® is a new Nacha Preferred Partner for Account Validation. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release

Nacha Announces BillGO as a Preferred Partner for ACH Solutions for Instant Credit

June 10, 2019
Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release

Nacha Statement Regarding Federal Reserve Proposal to Support Same Day ACH Enhancements

May 14, 2019
Nacha applauds the Federal Reserve Board of Governors for issuing its proposal to extend its settlement services to support Same Day ACH enhancements with later settlement hours. The industry has spoken loudly in support of the expansion of Same Day ACH, and the public benefits it will provide for all businesses and consumers that use the ACH Network. Risks due to the extension of settlement hours can be mitigated with changes that Nacha believes the industry can gradually adopt over the next year and 10 months.
Press Release

Recipients of 2019 Nacha Payments Awards Named at Smarter. Faster. PAYMENTS 2019

May 8, 2019
Nacha announced the recipients of its 2019 Payments Awards, which celebrate proven accomplishment and leadership in the payments industry and recognize and reward the payments innovations defining the future. The Payments Awards include the Nacha Excellence in Payments Award and the ACH Network Challenge 2019. The award winners were recognized during the 2019 Nacha Payments Awards Luncheon, sponsored by TD Bank, during Smarter. Faster. PAYMENTS 2019.
Press Release