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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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