A message from Nacha President and CEO Jane Larimer regarding criticism that the disbursement of stimulus funds was too slow, and that justifies a new instant payments infrastructure.
Nacha’s Payments Innovation Alliance Releases Two New Resources Focused on Voice Payments and Pandemic-Related Cybersecurity Best Practices
The Alliance, a membership organization, brings together diverse, global stakeholders – including financial institutions, solution providers, corporates, and more – to support payments innovation. Through various active Project Teams, the Alliance collaborates to create tools designed to influence existing and emerging payment trends, drive change, remove barriers, and support innovation.
September 24, 2020
As technological innovation continues to reshape the payments industry, APIs are becoming a prominent feature of the landscape. But as APIs become a facet in the payments industry, so does the need for API standardization and common practices. Such a framework is necessary for innovation and growth to continue at a quick pace. Therefore, Nacha is leading the industry effort on API standardization.
Afinis Interoperability Standards Adds 17 New Member Organizations to Further Enhance Focus on the Rapid Delivery of APIs
July 13, 2020
Afinis brings diverse collaborators together to build and test solutions, develop implementable and portable standards, and provide thought leadership on the shared goals of advancing efficiency, surety and security, and interoperability for financial services.
March 18, 2020
Afinis announced today it has partnered with XMLdation to enable its stakeholders to leverage the Finland-based company’s testing capabilities within Afinis’ developer portal.
August 13, 2019
Published in PaymentsJournal on August 13, 2019 If you keep up with the payments industry, you’re bound to have heard about APIs. It seems like every day brings fresh articles covering the newest APIs in glowing terms. From improving digital banking to facilitating Same Day ACH payments, APIs are having a major impact on payments and the wider financial industry. But what are APIs and how exactly are they changing the payment ecosystem? APIs 101: a crash course on communication API stands for application programming interface.
August 2, 2019
Download the latest Meeting Summary Report for details.
July 23, 2019
Nacha is leading the industry effort on API standardization. To accomplish this objective, Nacha supports Afinis Interoperability Standards, a membership-based governance organization that brings together diverse collaborators to develop implementable, interoperable, and portable financial services standards.
June 29, 2019
Afinis Interoperability Standards members will meet July 9-10 in Atlanta for a Program Increment (PI) Planning Meeting to review the group’s latest work efforts and identify new initiatives and goals for the second half of 2019.
May 5, 2019
First our salary is direct deposited, then we pull out our smartphone to pay bills. Who still writes a check? But while electronic payments have largely taken over among consumers, those pieces of paper still hold their own when it comes to business-to-business (B2B) payments. Strange as that might seem in 2019 there are valid reasons. B2B involves a lot more than “give me your bank account and routing numbers and we’re set.” Company A has this way of billing and receiving payments while Company B uses another system. And don’t even ask about Company C.
April 23, 2019
Afinis Interoperability Standards, a new member-led organization supported by NACHA, announced its inaugural Board of Directors and Board Officers.
December 5, 2018
Interim Board, consisting of 11 organizations representative of the diverse financial services industry, will guide strategic direction of the new member-led organization HERNDON, Va., Dec. 5, 2018 – Afinis Interoperability Standards announced that it has named its Interim Governing Board.
September 28, 2018
Nacha announced that the Business Payments Directory Association (BPDA) will become an independent, member-led, self-governed group under the Nacha organization.
September 20, 2018
Bill Sullivan, Nacha’s Head of Government & Industry Relations was back on Capitol Hill meeting with House and Senate staff with an eye towards the November mid-term elections. Meetings included a myriad of topics including, but not limited to, the API work of ASIG, the Alliance work on faster payments and the proof of concept work on B2B directories. November’s Congressional elections may bring changes to Senate Banking and House Financial Services Committee leadership.