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.

168 results

Nacha Announces it is Building Phixius, a New Platform to Enable Sharing of Payment-Related Information for the U.S. Financial Services Industry

February 3, 2020
HERNDON, Va., Feb. 5, 2020 – Nacha announced today it is developing Phixius, an online platform that integrates technology, rules and participants to exchange payment-related information across all payment types. Phixius looks to modernize and streamline the payments process. Nacha is building Phixius in response to industry calls to simplify and automate the process of exchanging payment-related information. Currently, the use of bilateral agreements creates inefficiency and restricts broader participation.
Press Release

Nacha to Celebrate America Saves Week; Recommends Split Deposit to Increase Savings

February 1, 2020
HERNDON, Va., Feb. 18, 2020 – Nacha understands that you don’t have to look far to find proof that many Americans aren’t saving enough. It’s why Nacha supports America Saves Week, which this year is Feb. 24-29, and encourages employees to enroll in Split Deposit to #SplitToSave — a helpful tool to automatically grow savings. “One of the many advantages of Split Deposit is how easy it is. It puts saving on autopilot,” said Jane Larimer, Nacha President and CEO. “Everyone needs to have a nest egg, and Split Deposit helps make it happen.
Press Release

Nacha Announces New Officers and Directors for 2020

January 6, 2020
Nacha today announced its new Board Chairperson and Secretary/Treasurer as well as six new directors. The Nacha Board oversees the governance and administration of Nacha as the ACH Network administrator and industry trade association. “We are pleased to welcome our new officers and directors,” said Nacha President and CEO Jane Larimer. “Together our Board represents a diverse set of financial institution voices and helps us ensure the modern ACH Network continues to thrive and evolve.” The Board of Directors elected Joe W. Hussey to serve as Chairperson for 2020.
Press Release

Nacha Announces Trustly as a Preferred Partner for Online Banking Payment & Verification

December 18, 2019
Trustly (formerly known as PayWithMyBank in the U.S.) is now a Nacha Preferred Partner for Online Banking Payment & Verification. In becoming a Nacha Preferred Partner, Trustly joins a select group of innovators contributing to Nacha’s strategic efforts in support of the ACH 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.  “Our Preferred Partners play a key role in the nation’s smarter, faster and safer payments environment,” said Nacha President and CEO
Press Release

Nacha Announces Profituity as a Preferred Partner for ACH Enablement and NSF Recovery

December 10, 2019
Profituity is now a Nacha Preferred Partner for ACH Enablement and NSF Recovery As a Nacha Preferred Partner, Profituity joins a select group of innovators contributing to Nacha’s strategic efforts in support of the payments ACH ecosystem. Together through this partnership, Profituity and Nacha will continue working to remove friction, increase quality, improve cash flow accessibility and efficiency, and support sound risk management and security for ACH payments. “We are pleased to welcome Profituity as a Preferred Partner,” said Nacha President and CEO Jane Larimer.
Press Release