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.

162 results

ACH Network Continues its Strong Growth in 2019

May 6, 2019
The ACH Network started 2019 with strong growth, as the number of payments in the first quarter increased 5.8% from a year earlier, and the daily average volume of payments increased 7.5%. The ACH Network set a record in February 2019 as volume exceeded 100 million ACH payments per day for the first time. ACH volume in the first quarter was 6 billion payments: 3.5 billion debits and 2.5 billion credits. Internet-initiated payments rose 10.3% to 1.6 billion.
Press Release

Afinis Interoperability Standards Names Inaugural Board of Directors and Officers

May 4, 2019
Afinis Interoperability Standards, a new member-led organization supported by NACHA, announced its inaugural Board of Directors and Board Officers. The Board of 10 members and three officers will guide the strategic direction of the organization, which is advancing financial industry standards, including API standardization and other financial services standards, across the U.S. and globally. 
Press Release

Nacha Announces MicroBilt as a Preferred Partner for Bank Account Verification

May 4, 2019
MicroBilt is a new Nacha Preferred Partner for Bank Account Verification. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the 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.
Press Release

ACH Network Moves 23 Billion Payments and $51 Trillion in 2018

February 19, 2019
HERNDON, Va., February 19, 2019 – 2018 was a milestone year for the ACH Network. Payment volume climbed by almost 1.5 billion payments, the fourth straight year the ACH Network has added more than 1 billion new payments.  ACH Network volume reached nearly 23 billion payments in 2018, a year-over-year increase of 6.9 percent and the highest growth rate since 2008. That’s nearly 70 payments for every person in the U.S. The value of ACH payments in 2018 was $51.2 trillion, a 9.5 percent increase over 2017.
Press Release

Robust ACH Network Growth Continues in Fourth Quarter; Same Day ACH Volume Marks a Milestone

January 29, 2019
HERNDON, Va., Jan. 29, 2019 – ACH Network volume saw its biggest quarterly growth in more than a decade during the fourth quarter of 2018. Same Day ACH payments also passed a significant milestone.   More than 5.9 billion ACH payments were made in the final quarter of last year: 3.5 billion debits and 2.4 billion credits. That’s up 8.7 percent from the same time in 2017, and is the highest quarterly growth rate in 11 years.   Fourth quarter Same Day ACH volume was more than 51.3 million payments, marking the first time Same Day ACH payments surpassed the 50 million threshold.
Press Release

Nacha Announces SWBC as a Preferred Partner for ACH-Facilitated Lending Services

November 7, 2018
HERNDON, Va. — Nov. 7, 2018 —  SWBC has become a Nacha Preferred Partner for ACH-Facilitated Lending Services. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem at large by removing friction, increasing ease, cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release

Same Day ACH Will Be Enhanced to Meet ACH End-User Needs

September 14, 2018
New Nacha Rules Will Expand Access to Same Day ACH, Increase the Per-Transaction Dollar Limit, and Speed Funds Availability for Same Day and Next-Day ACH HERNDON, Va., Sept. 17, 2018 – Nacha’s voting membership has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers. The first expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day. The second increases the Same Day ACH per-transaction dollar limit to $100,000.
Press Release

Nacha Announces AeroPay Express as a Preferred Partner for B2B Electronic Payment Enablement

September 12, 2018
HERNDON, Va., Sept. 12, 2018 – Nacha announces AeroPay Express as a Preferred Partner for B2B Electronic Payment Enablement. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem at large by removing friction, increasing ease, cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release