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

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

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.
Press Release

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

Nacha’s API Standardization Industry Group Identifies Top Categories of Use Cases for Standardization Efforts during Inaugural Meeting

June 22, 2017
Summary Meeting Report, Released Today, Also Outlines Group’s Ideas for an API “Playbook”   HERNDON, Va. June 23, 2017 – Nacha—The Electronic Payments Association® and the Payments Innovation Alliance, today released the Summary Report from the inaugural meeting of the API Standardization Industry Group. The API Standardization Industry Group, formally created in the spring 2017, will work to further efforts to standardize the use of APIs in the U.S. financial services industry.
Press Release

92 Percent of Financial Institutions Surveyed Ready to Originate Same Day ACH Debits on Sept. 15, 2017

June 7, 2017
Zero Financial Institutions Have Experienced an Increase in Fraud Due to Same Day ACH   HERNDON, Va., June 7, 2017 – Nacha—The Electronic Payments Association®, the steward and rule maker of the ACH Network, today released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH origination volume on implementation readiness for Same Day ACH debits on the effective date of Sept.
Press Release

Nacha’s Government Relations Advisory Group Hosts Fourth Annual Capitol Hill Day to Highlight ACH Network Advancements and Industry Initiatives

June 6, 2017
HERNDON, Va., June 6, 2017 – On Thursday, June 8, Nacha—The Electronic Payments Association’s Government Relations Advisory Group (GRAG) will convene in Washington, D.C., for its fourth annual Capitol Hill Day. Each year, members of GRAG, which includes leaders from large and small financial institutions and Regional Payments Associations (RPAs) from across the country, meet with Congressional representatives and staff to continue education on the ACH Network, payments industry initiatives, and the Nacha Operating Rules, which govern the Network that transfers $43 trillion annually.   This yea
Press Release

The Month of May is the Perfect Opportunity to Increase Savings and Build Wealth through Direct Deposit and Split Deposit

May 16, 2017
Nacha encourages workers to use the electronic deposit of payroll to automate their savings HERNDON, Va., May 16, 2017 – The problem is clear. Workers are not saving enough for their future nor to cover emergencies that may crop up. In fact, the average personal saving rate – the amount of disposable income put towards saving – hovers around 6 percent, which is far too low.[1] Further, 46 percent of U.S. households do not have $400 readily available to cover an emergency expense.[2]   Yet, the solution is simple.
Press Release

Recipients of 2017 Nacha Payments Awards Named at PAYMENTS 2017

April 25, 2017
AUSTIN, Texas, April 25, 2017 – Nacha—The Electronic Payments Association® today announced the recipients of its 2017 Nacha Payments Awards, which celebrate proven accomplishment and leadership in the payments industry and recognize and reward the payments innovations defining the future. The Payments Awards include the Nacha Excellence in Payments Award and the Nacha Challenge Awards.   The award winners were recognized during the Nacha 2017 Payments Awards Luncheon, sponsored by TD Bank, during PAYMENTS 2017.
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