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.

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January 6, 2021
Popular Blog Posts From 2020 While Rodgers’ and Hammerstein’s favorite things may have been raindrops on roses, whiskers on kittens and warm woolen mittens, for Nacha some of our favorite things include Direct Deposit and Split Deposit. Throughout 2020, we shared some of our favorite things in posts from Hollywood to a community church in Maryland to tips for simplifying your financial life.
January 6, 2021
It’s been more than two years since Nacha members approved a new Nacha Operating Rule on account validation for Internet-initiated debits. With the change of the calendar to 2021, the effective date of March 19 is just about upon us. Under today’s Rules, Originators of WEB debit entries must use what the Rules call a “commercially reasonable fraudulent transaction detection system” to screen those entries for fraud. 
January 5, 2021
Nacha is accepting proposals for its Smarter Faster Payments 2021, which will be held in San Francisco from Aug. 9-12 and Smarter Faster Payments: Remote Connect, the conference’s virtual counterpart from Aug. 23-26. Deadline to submit session proposals is Jan. 10. For more information and to submit proposals, which will be considered for both events, go to
December 31, 2020
Updated January 4, 2021 Nacha has learned that the IRS is issuing a smaller number of economic impact payments (EIPs) by ACH than previously expected, although the total volume is still approximately 100 million. These payments have an effective date of Jan. 4, 2021. People that are eligible and expecting to receive EIPs by Direct Deposit that haven’t received them should check directly with the IRS via the Get My Payment tool. The IRS reminds people that they should not contact their financial institutions with payment timing questions.
December 29, 2020
Updated December 30, 2020
December 22, 2020
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' pay as well as Social Security and veterans’ benefits. To help consumers better understand how it’s used every day, Nacha recently launched 
December 21, 2020
The online educational tool has been updated to help businesses adopt ACH as their preferred payment method for B2B and B2C payments Nacha and its Payments Innovation Alliance have expanded the ACH Quick Start Tool, an online educational resource designed to help small and medium-sized businesses more readily understand and use ACH to make and receive payments for an array of use cases.
December 21, 2020
In your list of new year’s resolutions, how about one to add your information to the ACH Contact Registry? If you already did, thank you! In fact, at the close of 2020, more than 32,000 contacts had been registered by financial institutions across the country. Nacha is thankful to those who have taken the time to do this. Not only are you fulfilling an obligation under the Nacha Operating Rules, you’re also helping your counterparts at other FIs far and wide, which is the goal of the Registry.
December 21, 2020
Teressa Frazier and her finance team had a routine. Immediately after worship service every Sunday at Victory Grace Center, they would walk around handing out envelopes containing pay checks to church staff and contractors.
December 21, 2020
Phixius Was Created to Answer the Call A survey by Nacha and Blueflame Consulting and Research found that Accounts Payable (AP) operations face challenges collecting, verifying and maintaining data, which is adding costs and increasing fraud exposure.
December 18, 2020
These days, most of what businesses and individuals do on the web involves interacting with APIs, or application programming interfaces, which are an essential pillar of many of the online services we have come to rely on. In the payments and financial services industry, the interoperability of banking technology is just as important to stakeholders as checking out Beyoncé’s new Instagram post is to music fans. And the standardization of these more nuanced APIs is the key to interoperability.
December 16, 2020
It was two years ago when Nacha's Payments Innovation Alliance launched the Faster Payments Project Team to play a crucial role in helping organizations gain clarity on faster payments. Its mission was to provide tools to help financial institutions and business end users shape their faster payments strategy. This work continues today. So far, the Project Team has completed two valuable resources for the industry: