ACH Network Volume Rises 6.1% in Fourth Quarter of 2021 as Healthcare Claim Payments and B2B Lead the Way
Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021.
New Nacha Rules: The Year in Review and the Year Ahead
It’s often said that the Nacha Operating Rules are a living document, always changing, never stagnant. There was abundant proof of that in 2021, as seven Rules changes took effect, and 2022 is shaping up to be another busy year.
18 RESULTS
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.
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. The Interim Board consists of 11 member organizations including ACI Worldwide, Bank of America, Barclays, D3 Banking Technology, Fiserv, Microsoft, Oracle, Payrailz, Tata Consultancy Services, TD Bank, and Wells Fargo.
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.
July 4, 2018
The report, RESTful Implementation of IFX Demonstration Design Review, concluded that:
The IFX Standard and the IFX Message Framework are readily adaptable to REST design concepts.
This paper describes many of the design decisions we have made and illustrates how to map the IFX Standard messages (methods) to RESTful concepts and HTTP verbs. IFX Objects can be implemented directly as JSON resources, but more work needs to be done for the purposes of APIs to define resources that are not as deeply nested as many of the structures currently defined in the specification.