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.

150 results

Nacha Selects JPMorgan, Wells Fargo and TeleCheck For 2003 Kevin O'Brien ACH Quality Award; Awards Demonstrate Quality Processing of E-Checks

April 28, 2003
ORLANDO, Fla. -- Nacha - The Electronic Payments Association has selected JPMorgan Chase ACH, Wells Fargo, and TeleCheck as winners of the 2003 Kevin O'Brien ACH Quality Award in recognition of their successes in implementing quality Automated Clearing House (ACH) processes.  "This year's award winners are demonstrating that e-check payments can be handled with the same level of quality that ACH users have come to expect," said Mary Ann Francis, Chair of Nacha's ACH Quality Task Force and a Senior Vice President at National City Corporation.
Press Release

Cisco Systems Achieves 96 Percent Direct Deposit Participation, Receives Nacha's 2003 Payments System Award

April 28, 2003
ORLANDO, Fla., April 28 -- Nacha - The Electronic Payments Association presented the 2003 George Mitchell Payments System Excellence Award today at its PAYMENTS 2003 conference to Cisco Systems, Inc. of San Jose, California. Cisco Systems was recognized for its achievement of paying 96 percent of its employees by Direct Deposit. "Direct Deposit is the safest, most reliable, and most convenient way to get paid," said Elliott C. McEntee, President and Chief Executive Officer of Nacha.
Press Release

Nacha Selects Capital One, Tower Federal Credit Union and Wells Fargo For 2002 Kevin O'Brien ACH Quality Award

April 22, 2002
Nacha – The Electronic Payments Association has selected Capital One Financial Corporation, Tower Federal Credit Union, and Wells Fargo & Company as winners of the 2002 ACH Quality Award in recognition of their successes in implementing quality Automated Clearing House processes. “The ACH is a high-quality payments system, and the ACH Quality Award showcases best practices and forward-looking business practices among ACH participants,” said Mary Ann Francis, Chair of Nacha’s ACH Quality Task Force and a Senior Vice President at National City Corporation.
Press Release

Nacha Presents Payments System Awards to ADT Security Services and TexasOnline

April 15, 2002
DALLAS, April 15  -- Nacha - The Electronic Payments Association will present the 2002 George Mitchell Payments System Excellence Award today at its PAYMENTS 2002 conference to ADT Security Services, Inc. and TexasOnline. "Electronic payments are reliable, convenient, and cost-effective," said Elliott C. McEntee, President and Chief Executive Officer of Nacha.
Press Release

Nacha Presents Payments System Awards to U.S. Treasury And Cleveland Direct Payment Program

April 24, 2001
WASHINGTON, April 24 -- Nacha - The Electronic Payments Association will present the 2001 George Mitchell Payment Systems Excellence Award today to the U.S. Department of Treasury and the Direct Payment Joint Promotion Program of Cleveland, Ohio. The Department of Treasury is being recognized for its success in converting Federal payments and receipts to electronic payments. The Direct Payment Joint Promotion Program is being recognized for its success in enrolling consumers to pay their utility bills electronically via Direct Payment.
Press Release