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.

156 results

Nacha Releases ISO 20022 Validator Tool

December 14, 2017
Tool Complements Nacha’s ISO 20022 Mapping Guide by Supporting Testing and Conformity of ISO 20022 Payment Instructions for U.S. ACH File Formats   HERNDON, Va., Dec. 15, 2017 – Today, Nacha—The Electronic Payments Association® announced the release of its ISO 20022 Validator Tool. The ISO 20022 Validator Tool helps to validate the mapping of ISO 20022 payment instructions into Nacha file formats for domestic ACH transactions.
Press Release

Nacha Launches the Accredited Payments Risk Professional Program

October 11, 2017
APRP program tests payments professionals’ comprehensive knowledge of risk management  across all payments types   First-ever APRP exam to be administered in March 2018   HERNDON, Va., Oct. 12, 2017 – Nacha—The Electronic Payments Association® today announced the launch of the Accredited Payments Risk Professional (APRP) program, a new credential designed to allow payments industry participants to demonstrate a comprehensive knowledge of risk management strategies, concepts, and mitigation techniques within the payments ecosystem.
Press Release

Nacha’s API Standardization Industry Group Names First Five APIs to Develop to Support Payments Industry Advancement

October 5, 2017
Summary Meeting Report and Overview Document, released today, also identify the additional APIs for future development Group will reconvene at the Payments Innovation Alliance Meeting Oct. 11 to further work efforts HERNDON, Va., Oct. 5, 2017 – Nacha—The Electronic Payments Association® and the Payments Innovation Alliance, today released a Meeting Summary Report and Overview Document from the latest meeting of the API Standardization Industry Group.
Press Release

Nacha’s Third-Party Sender Registration Rule Becomes Effective Today

September 29, 2017
Risk Management Portal Opens to Support Registration and Other Risk Management Services   HERNDON, Va., Sept. 29, 2017 – Today, Nacha—The Electronic Payments Association® announced the Third-Party Sender Registration Rule is in effect. The Rule, which was approved last year, requires Originating Depository Financial Institutions (ODFIs) to register their Third-Party Sender customers with Nacha.
Press Release

Call for Nominations for the 2018 Nacha Payments Awards Now Open

September 19, 2017
Winners will be announced at PAYMENTS 2018 in San Diego   HERNDON, Va., Sept. 19, 2017 – Nacha—The Electronic Payments Association® announced today that the call for nominations for the 2018 Nacha Payments Awards are now open.
Press Release

Same Day ACH for Debits Begins Today, Providing Another Option for Faster Payments

September 15, 2017
Nacha Builds Upon Existing Same Day ACH Credit Payment Capabilities   HERNDON, Va., Sept. 15, 2017 – Today, Nacha—The Electronic Payments Association®, the steward of the ACH Network, announced the launch of Same Day ACH for debit payments. Same Day ACH is a faster payments option that reaches all U.S.
Press Release

Nacha Statement on U.S. Treasury’s Participation in Same Day ACH

September 11, 2017
HERNDON, Va., Sept. 12, 2017 – Nacha—The Electronic Payments Association®, the trustee and rulemaker of the ACH Network, issued the following statement today:   Nacha commends the U.S. Treasury – the largest user of the ACH Network – for its decision to participate in Same Day ACH. There are significant Same Day ACH use cases for the U.S. Treasury, such as disaster assistance payments and receipt of tax collections and remittances. As the payments industry in the U.S. moves toward ubiquitous faster payments options, it is appropriate and welcome for the U.S.
Press Release

Nacha Announces Organization Changes to Support Strategic Direction

August 31, 2017
Nacha Presents Strategic Direction Statements for the ACH Network and Organization   HERNDON, Va., Sept. 1, 2017 – Nacha—The Electronic Payments Association​® today announced several staff changes and realignment of key areas of responsibility to support new and continued areas of focus for the organization resulting from strategic planning. Key changes ensure dedicated, clear focus on initiatives that reduce friction and increase utilization of the ACH Network, while working to strategically expand and diversify the organization. Under Nacha President and CEO Janet O.
Press Release

Nacha Announces MACH1 as a Preferred Partner for ACH Enablement of Micro Businesses

July 19, 2017
HERNDON, Va., July 20, 2017 – Today, Nacha—The Electronic Payments Association® announced MACH1 as a Preferred Partner for ACH Enablement of Micro Businesses. Nacha Preferred Partners are a select group of providers and innovators that uniquely contribute to Nacha’s strategic efforts and the payments ecosystem by removing friction, increasing ease, accessibility and efficiency, or supporting sound risk management and security for ACH payments.   MACH1 was selected as a Preferred Partner based on its concentrated focus on providing products and services to the smallest of businesses to support
Press Release

The Payments Institute Celebrates 30 Years of Educating Payments Professionals

June 27, 2017
Nacha program provides comprehensive curriculum for both payments novices and veterans July 16-19 in Atlanta HERNDON, Va., June 27, 2017- Nacha—The Electronic Payments Association is celebrating the 30th year of The Payments Institute, a university-style program focused on continuing payments education for industry professionals. TPI will be held July 16-19 at the Emory Conference Center Hotel in Atlanta.   “Just as the payments industry and ecosystem have evolved over the last 30 years, so has The Payments Institute,” said Scott M.
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ACH Transactions to Top Checks as Top Form of B2B Payment by 2020: New Survey

June 26, 2017
Survey of credit and account receivables professionals details current and future payment trends, and payment preferences Free webinar revealing survey findings to be held June 28 HERNDON, ​Va. June 26, 2017 – According to a new survey conducted by Credit Research Foundation (CRF) in partnership with Nacha- The Electronic Payments Association, credit and account receivables professionals anticipate that ACH transactions will surpass checks as the leading form of payment received from business customers by 2020.
Press Release