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.

Featured News

Jane E. Larimer to be Next CEO of Nacha

Announcement Coincides with Refreshed Nacha Brand Uniting its Programs and Initiatives through New Visual Identity

ORLANDO, Fla., May 6, 2019 – The Nacha Board of Directors has selected Jane E. Larimer as the next President and CEO of Nacha effective July 1, 2019. The Board thanks Janet O. Estep, Nacha’s current President and CEO for her successful 11 years of leadership of Nacha and within the payments industry, and welcomes her assistance in the transition before she retires at the end of 2019.

Nacha Introduces the Nacha Corporate Experience

The Nacha Corporate Experience Combines Standards and Technology to Deliver a More Efficient Payments Experience for Today’s Businesses 

ORLANDO, Fla., May 6, 2019 – Today, Nacha introduces the Nacha Corporate Experience, a new way of demonstrating how businesses can more effectively exchange payments and information.

134 results

Same Day ACH Generated More Than 13 Million Transactions, Totaling Nearly $17 Billion

January 24th, 2017
The Faster Payments Option Continues to Deliver Strong Transaction Volume and Value HERNDON, Va., Jan. 25, 2017 – Nacha—The Electronic Payments Association®, the steward and rule maker of the ACH Network, today released Same Day ACH transaction volume data for Sept. 23-Dec. 31, 2016, highlighting strong performance of the ubiquitous faster payment option in its first three months-plus of operation.   Same Day ACH, an industry initiative to move payments faster, launched its first phase last September by making ACH credit transactions eligible for same-day processing.
Press Release

TV Personality and Executive Chef to Keynote PAYMENTS 2017 Awards Luncheon

December 13th, 2016
Call for Nominations for Nacha’s 2017 Payments Awards Now Open HERNDON, Va., Dec. 13, 2016 – Nacha —The Electronic Payments Association® announced today that TV personality Duff Goldman will serve as a keynote speaker at PAYMENTS 2017, the definitive destination for faster payments education that will take place April 23-26 in Austin, Texas.   Goldman will keynote the 2017 Payments Awards Luncheon, which is sponsored by TD Bank and will recognize outstanding innovation in the payments industry.
Press Release

Nacha Enhances ISO 20022-to-ACH Mapping Guide

November 16th, 2016
The Guide, which Standardizes ISO 20022 Payment Message Mapping for ACH Network Transactions, Now Includes Information to Map Debit Transactions, Additional Credit Transactions, Rejections and Returns, and Same Day ACH Transactions Nacha Also Releases Case Study Showcasing the Value of Business Use of ISO 20022 and Holds Webinar to Provide Guidance on Related Financial Institution Opportunities and Features of the Mapping Guide HERNDON, Va., Nov.
Press Release

Nearly 4 Million Same Day ACH Payments Transacted Totaling Nearly $5 Billion in October 2016

November 15th, 2016
Strong Transaction Volume Consistent with Expectations   HERNDON, Va., Nov. 15, 2016 – Nacha —The Electronic Payments Association®, the steward and rule maker of the ACH Network, today released Same Day ACH transaction volume data for October, the first calendar month following Phase 1 implementation on Sept. 23, 2016.   Same Day ACH, an industry initiative to move payments faster, was responsible for 3.8 million transactions in October, totaling $4.98 billion with an average transaction amount of $1,303.
Press Release

Nacha Issues Update on Same Day ACH Implementation

October 14th, 2016
HERNDON, Va., Oct. 17, 2016 – Nacha —The Electronic Payments Association®, the trustee and rule maker of the ACH Network, issued the following statement today: Implementation of Same Day ACH, the ubiquitous industry initiative to move payments faster, became effective Sept. 23, 2016, and has gone smoothly, with robust same-day transaction volume during the first week of operation.
Press Release

Nacha Commends North American Banking Company and Independent Community Bankers of America for Their Innovation on Top of Same Day ACH

October 6th, 2016
HERNDON, Va., Oct. 7, 2016 – Today, Nacha —The Electronic Payments Association®, the trustee and rule maker of the ACH Network, recognized the work that North American Banking Company and Independent Community Bankers of America®, have done to create efficient, innovative services for financial institutions and their customers across the country. Nacha has long advocated for and supported innovation on the ACH Network that leverages the value of the Network’s ubiquity and reach.
Press Release

Nacha Among Recipients of WesPay Leadership Awards at 2016 Payments Symposium

September 14th, 2016
Henderson, NV, Sept. 14, 2016 - Earlier today, WesPay presented four leadership awards at its annual Payments Symposium to individuals and organizations who have supported WesPay’s non-profit mission to advance and best use of electronic payments. The awards and recipients include: the George E. Lowther Award for Outstanding Payments Industry Service to Cristina Hellems, AAP, Vice President, Senior Product Manager, MUFG Union Bank; the Frank E. Zima Payments Advocacy Award to Jennifer Blevins, AAP, NCP, Vice President, Treasury Management Sales Consultant, Umpqua Bank; the Frank E.
Press Release

Nacha Announces Approval of Rule that Establishes Third-Party Sender Registration Requirements

August 22nd, 2016
Registration Requirements Will Support Financial Institutions’ Risk Mitigation Efforts and Nacha’s Efforts to Maintain Quality of the ACH Network HERNDON, Va., Aug. 22, 2016 - Nacha —The Electronic Payments Association® announced today that a new rule was approved that will require Originating Depository Financial Institutions (ODFIs) to identify and register their Third-Party Sender customers.
Press Release