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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187 results

Nacha Adopts Rules for the Ongoing Modernization of ACH Payments

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.
Press Release

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.
Press Release

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
Press Release

Nacha Adds Visa to Phixius Pilot Program

August 12, 2020
Visa joins a growing list of partners piloting Phixius, which helps credentialed providers share and manage electronic payments information.
Press Release

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.
Press Release