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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948 results

Direct Deposit: As Easy as it Gets

September 21, 2020
There are plenty of things in life that are complicated, but Direct Deposit isn't one of them. Quite the opposite.
Blog

Direct Deposit is Proven, Fast and Secure

September 20, 2020
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks to Direct Deposit. Ultimately, the IRS would authorize 120 million payments via Direct Deposit. However, despite this success, there have been mischaracterizations and inaccuracies in news reports and commentary regarding the delivery of government emergency assistance to consumers.

Myth Busting: Economic Impact Payments (EIPs)

September 20, 2020
Recently, there have been mischaracterizations and inaccuracies in news reports and commentary regarding the delivery of government emergency assistance to consumers. This document works to set the record straight.

How Nacha Elevation Consulting Helps Clients Move to an All-Digital World

September 18, 2020
When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they want anything tied to payments to be moved to all digital.
Blog

(Podcast) Same Day ACH in 2020: Constant Growth & Continued Improvements

September 17, 2020
With paper check use declining and electronic payment methods on the rise, the ACH Network has grown tremendously in recent years. A recent PaymentsJournal podcast unpacked how this growth continued into 2020, even as the pandemic disrupted regular economic activity. In fact, the pandemic underscored just how reliable and valuable the ACH Network is to commercial and economic activity. Part of the ACH Network’s continued success is tied to Same Day ACH, Nacha’s faster payment offering.
Blog

Nacha’s Payments Innovation Alliance Releases Two New Resources Focused on Voice Payments and Pandemic-Related Cybersecurity Best Practices

September 17, 2020
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.
Press Release

ACH Network to Provide End-User Education Opportunities

September 16, 2020
As part of Nacha’s efforts to educate more corporate end users on the ACH Network and upcoming Rule changes, Nacha is offering two free webinars to corporate end-users. The webinars are limited to only end users, and Nacha encourages our financial institution members to share the links with your corporate (ie business, government, nonprofit, education, association) customers.
Blog

Nacha Board Approves Initial Slate of Director Candidates

September 1, 2020
The Nacha Board Nominating Committee is pleased to announce that the Nacha Board of Directors has approved the initial slate of candidates, as presented by the Board Nominating Committee, for election to the seven Nacha director seats that are being filled through the 2020 Board election process.
Announcement

Same Day ACH: New Dollar Limit Not a Fraud Vector

August 31, 2020
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found.
Blog