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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August Same Day ACH Numbers Heat Up

September 26, 2019
Same Day ACH had an impressive August, showing large gains over a year earlier. And the number of Same Day PPD payments more than doubled.
Blog

Nacha Meets with Regulators

September 25, 2019
Nacha’s Mike Herd, Jordan Bennett and Bill Sullivan met with federal regulators in the tri-annual in-person meeting at OCC Headquarters.

Nacha Highlights TPPPA Conference Panel

September 25, 2019
Nacha’s Bill Sullivan and Scott Talbot of ETA addressed the Third Party Payments Processors Conference on the efforts of educating DC policymakers on payment-related matters with an eye toward policy discussions that may impact third parties.

Nacha on the Hill in Advance of Faster Payments Hearings

September 25, 2019
Nacha's Bill Sullivan met with staff from the House Financial Services Committee’s Fintech Task Force in a series of 15 meetings to help staff understand and prepare for the Senate and House faster payments hearings.

Getting Your Money Via ACH: Faster is Better

September 20, 2019
As a general rule, faster is better. After all, who doesn’t like less traffic, or a plane that lands early? By the same token, who wouldn’t want to get their money quicker? That’s why there’s a lot to like about the new rule making ACH credits available in bank accounts sooner.  
Blog

Nacha Government Relations Update – Sept. 19, 2019

September 18, 2019
Nacha's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: Federal Judge Dismisses CSBS’ Second Lawsuit against OCC’s Fintech Charter.

Federal Judge Dismisses CSBS’ Second Lawsuit against OCC’s Fintech Charter

September 18, 2019
D.C. District Court Judge Dabney Friedrich has dismissed the latest lawsuit brought by the Conference of State Bank Supervisors (CSBS) against the Office of the Comptroller of the Currency (OCC) over the agency’s authority to offer national bank charters to fintech companies.
Government Affairs Updates

Nacha Statement on Unauthorized ACH Reversals

September 13, 2019
Sept. 13, 2019 Nacha Statement The ACH Network has strong consumer protection measures in place to protect them. There are rules in place to prevent unauthorized withdrawals, including unauthorized reversals of payroll deposits. This is an unprecedented and isolated incident, and obviously, these rules were circumvented in this case. We understand that this has been a hardship for many. Nacha contacted the responsible financial institution immediately upon learning of this incident to expedite the process of re-crediting these consumers’ accounts.
Article

Nacha Government Relations Update – Sept. 5, 2019

August 29, 2019
Nacha's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: Industry Trades Show Strong Support for Direct Deposit.