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

More Than Eight Million Healthcare EFTs via ACH in January

February 19, 2014
More than eight million healthcare electronic funds transfers (EFTs) via ACH were made in January 2014, the first month in which health plans were required to be compliant with the newly adopted healthcare EFT standard transaction.
Press Release

Nacha’s Global Payments Forum Announces Release of White Paper: What Will the Role of Bank Accounts Be as Payments Evolve?

October 16, 2013
FOR IMMEDIATE RELEASE Contact: Nacha 703-561-3952 media@nacha.org Nacha’s Global Payments Forum Announces Release of White Paper: What Will the Role of Bank Accounts Be as Payments Evolve? Paper Will be Presented at Upcoming GPF Meeting October 17-18 in New York Payments Industry Leaders to Discuss Keeping the Bank Account Central to Payments Among Other Trending Global Payments Topics HERNDON, Va., October 16, 2013 – Nacha -The Electronic Payments Association’s Global Payments Forum (GPF) today announced the release of a new white paper titled, What Will the Role of Bank Accounts Be as Pa
Press Release

Nacha Announces 2013 Payments System Awards Recipients

August 23, 2013
SAN DIEGO, Calif., April 23, 2013 – Nacha — The Electronic Payments Association today announced the recipients of its 2013 Payments System Awards. The winners will be recognized during the Payments System Awards Luncheon, sponsored by TD Bank, at PAYMENTS 2013.
Press Release

Nacha Launches 1073 Solutions Center

June 4, 2013
FOR IMMEDIATE RELEASE Contact: Nacha 703-561-3952 media@nacha.org Nacha Launches 1073 Solutions Center Center Provides Information, Tools and Resources to Drive Greater Understanding of Dodd Frank 1073 and Support Compliance Needs of Financial Institutions and Remittance Transfer Providers HERNDON, Va., June 4, 2013 – Nacha — The Electronic Payments Association today announced the launch of its 1073 Solutions Center.  The 1073 Solutions Center provides information, tools and resources to drive understanding of Section 1073 of the Dodd Frank Wall Street Reform and Consumer Protection Act (D
Press Release

Head of Financial Innovations at PayPal to Keynote Nacha’s Global Payments Strategies Conference

October 29, 2012
FOR IMMEDIATE RELEASE Contact: Nacha 703-561-3925 media@nacha.org  Head of Financial Innovations at PayPal to Keynote Nacha’s Global Payments Strategies Conference HERNDON, Va., October 29, 2012 – Nacha – The Electronic Payments Association announced today that Dan Schatt, General Manager of Financial Innovations at PayPal, will keynote its 2012 Global Payments Strategies Conference.
Press Release

Study: U.S. Businesses Process 15.5 Billion Remittances Each Month

August 28, 2012
FOR IMMEDIATE RELEASE Contact: Nacha 703-561-3952 media@nacha.org Study: U.S. Businesses Process 15.5 Billion Remittances Each Month Businesses Greatly Value Timeliness of Remittance Delivery and Payment Plus Information Advantages HERNDON, Va., August 28, 2012 – U.S.
Press Release

George K. Roach, Consolidated Edison Company of New York, Receives Nacha’s 2009 George Mitchell Payments System Excellence Award

April 7, 2009
ORLANDO, Fla. – April 7, 2009 – Nacha – The Electronic Payments Association awarded its 2009 George Mitchell Payments System Excellence Award, the premier annual electronic billing and payments award, to George K. Roach and Consolidated Edison Company of New York for its considerable investment in promoting the benefits of e-bills and driving e-bill adoptions through Con Edison's ongoing “Go Green with e-Bills” campaign.
Press Release

George Thomas Receives 2007 Kevin O’Brien ACH Quality Award

April 18, 2007
George Thomas, AAP, is the recipient of Nacha’s 2007 Kevin O’Brien ACH Quality Award. During his 25 years of service to the financial services industry, Mr. Thomas was known as a hardworking visionary, dedicated to quality, excellence, and risk management in the ACH Network and other payment systems. “George was one of the earliest supporters of ACH transaction funding for risk management, quality improvement and other network administrative programs,” said Elliott C. McEntee, President and CEO of Nacha.
Press Release

Paul W. Finch, Sr. Receives Nacha’s 2007 George Mitchell Payments System Excellence Award

April 15, 2007
April 15-18, 2007 - Chicago, Ill - Nacha - The Electronic Payments Association presents the 2007 George Mitchell Payments System Excellence Award to Paul W. Finch, Sr., in recognition of his career contributions to the advancement of the electronic payments industry, the ACH Network, and Nacha. “With the recent effective date of Nacha’s new back office conversion rules, it is fitting that we honor Paul Finch, Sr., who did so much to lay the groundwork for this application,” said Elliott C.
Press Release