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.

747 results

Nacha Announces GIACT® as a Preferred Partner for Account Validation

June 24, 2019
GIACT® is a new Nacha Preferred Partner for Account Validation. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Press Release

Nacha Government Relations Update – June 13, 2019

June 12, 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: Nacha Hosts Capitol Hill Day and CFPB Delays Compliance Date for Payday Lending Rule.

Report Finds Sharp Rise in Business Email Compromise

June 11, 2019
ORLANDO, Fla.—Think you’ve got a handle on Business Email Compromise (BEC)? Maybe think again. “BEC fraudsters are innovative and devise ways that can ‘morph’ their fraud attempts into new and unexpected forms, thus continuing to scam their targets,” according to the 2019 “Payments Fraud and Control Survey Report” from the Association for Financial Professionals (AFP).  The report was the focus of a session at Smarter. Faster.
Blog

Nacha Hosts Capitol Hill Day

June 7, 2019
On June 6, 2019 Nacha hosted its annual Capitol Hill Day in Washington D.C., facilitating a day-long series of meetings between members of Nacha’s Government Relations Advisory Group (GRAG) and elected officials, congressional staff members from the Senate Banking Committee and House Financial Services Committee.

Nacha Government Relations Update – May 30, 2019

May 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: NACHA Hosts Capitol Hill Day Next Week and more.
Government Affairs Updates

NACHA Hosts Capitol Hill Day Next Week

May 29, 2019
On June 6, 2019 NACHA will be hosting our annual Capitol Hill Day in Washington D.C., facilitating a day-long series of meetings between members of NACHA’s Government Relations Advisory Group (GRAG) and elected officials, congressional staff members from the Senate Banking Committee and House Financial Services Committee.
Government Affairs Updates

Alexa Makes Life Easy for Many, But Raises Questions for ACH

May 20, 2019
ORLANDO, Fla.—Alexa, pay the electric bill. That’s an increasingly common request—along with the water, gas, and who knows how many other bills. As convenient as it is for consumers, it’s raising new questions for ACH Network participants.
Blog

Why ACH Has a Place in the Future of Payments

May 20, 2019
ORLANDO, Fla.—Jane Larimer never tires of telling people “the ACH Network is thriving” and for good reason: “Because it is.” Even as new payment methods emerge, Larimer believes ACH will have a place at the table. “There’s room and opportunity for all payments,” Larimer, Nacha’s chief operating officer, told a Smarter. Faster. Payments 2019 session on the future of the ACH Network. 
Blog

‘Fintechs Are from Mars, Financial Institutions Are from Venus’

May 20, 2019
ORLANDO, Fla.—JP Nicols believes it’s time to “get serious about innovation”—although his definition of innovation might differ from financial institutions’. “It’s not just ‘innovation theater,’” said Nicols, managing director of FinTech Forge. Nor is it “the fintech petting zoo.”
Blog