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.

Featured News

Jane E. Larimer to be Next CEO of Nacha

Announcement Coincides with Refreshed Nacha Brand Uniting its Programs and Initiatives through New Visual Identity

ORLANDO, Fla., May 6, 2019 – The Nacha Board of Directors has selected Jane E. Larimer as the next President and CEO of Nacha effective July 1, 2019. The Board thanks Janet O. Estep, Nacha’s current President and CEO for her successful 11 years of leadership of Nacha and within the payments industry, and welcomes her assistance in the transition before she retires at the end of 2019.

Nacha Introduces the Nacha Corporate Experience

The Nacha Corporate Experience Combines Standards and Technology to Deliver a More Efficient Payments Experience for Today’s Businesses 

ORLANDO, Fla., May 6, 2019 – Today, Nacha introduces the Nacha Corporate Experience, a new way of demonstrating how businesses can more effectively exchange payments and information.

709 results

CFPB Takes a Fresh Look at Remittance Rule

May 9th, 2019
The Consumer Financial Protection Bureau has issued a Request for Information (RFI) regarding potential regulatory changes to the current remittance Rule. The RFI seeks information on two specific areas of the rule.

Recipients of 2019 Nacha Payments Awards Named at Smarter. Faster. PAYMENTS 2019

May 8th, 2019
ORLANDO, Fla., May 8, 2019 – Nacha announced the recipients of its 2019 Payments Awards, which celebrate proven accomplishment and leadership in the payments industry and recognize and reward the payments innovations defining the future. The Payments Awards include the Nacha Excellence in Payments Award and the ACH Network Challenge 2019.  The award winners were recognized during the 2019 Nacha Payments Awards Luncheon, sponsored by TD Bank, during Smarter. Faster. PAYMENTS 2019.
Press Release

Nacha’s Payments Innovation Alliance Launches ACH Quick Start Tool for Small and Medium-Sized Businesses

May 7th, 2019
The online educational tool is designed to help businesses learn how to use ACH to electronically send and receive B2B payments ORLANDO, Fla., May 7, 2019 – Today, Nacha and its Payments Innovation Alliance launched the ACH Quick Start Tool, an online educational resource designed to help small and medium-sized businesses more readily understand and use ACH to make and receive payments for an array of use cases. The Alliance is comprised of a diverse membership of corporates, third-party processors, fintechs and financial institutions that has a broad understanding of the payments environmen
Press Release

OrthoBanc Becomes a Nacha Certified Third-Party Sender

May 7th, 2019
ORLANDO, Fla., May 7, 2019 – OrthoBanc, LLC, a leader in electronic payments for orthodontists and dentists, has become Nacha Certified, joining an elite group of ACH Third-Party Senders. By achieving Nacha Certified status, OrthoBanc has shown it is meeting the rigorous certification standards of this voluntary program established by Nacha, the steward of the ACH Network.  “A vibrant ACH Network depends on quality Third-Party Senders adhering to sound practices,” said Nacha Chief Operating Officer Jane Larimer.
Press Release

Jane E. Larimer to be Next CEO of Nacha

May 6th, 2019
Announcement Coincides with Refreshed Nacha Brand Uniting its Programs and Initiatives through New Visual Identity ORLANDO, Fla., May 6, 2019 – The Nacha Board of Directors has selected Jane E. Larimer as the next President and CEO of Nacha effective July 1, 2019. The Board thanks Janet O.
Press Release

Nacha Introduces the Nacha Corporate Experience

May 6th, 2019
The Nacha Corporate Experience Combines Standards and Technology to Deliver a More Efficient Payments Experience for Today’s Businesses  ORLANDO, Fla., May 6, 2019 – Today, Nacha introduces the Nacha Corporate Experience, a new way of demonstrating how businesses can more effectively exchange payments and information.
Press Release

ACH Network Continues its Strong Growth in 2019

May 6th, 2019
ORLANDO, Fla., May 6, 2019 – The ACH Network started 2019 with strong growth, as the number of payments in the first quarter increased 5.8% from a year earlier, and the daily average volume of payments increased 7.5%. The ACH Network set a record in February 2019 as volume exceeded 100 million ACH payments per day for the first time. ACH volume in the first quarter was 6 billion payments: 3.5 billion debits and 2.5 billion credits. Internet-initiated payments rose 10.3% to 1.6 billion.
Press Release

The Corporate Experience: Making B2B as Easy as ABC

May 6th, 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.
Blog

For OrthoBanc, Quality and Integrity Mean Being Nacha Certified

May 6th, 2019
Braces aren’t inexpensive, therefore many orthodontists offer payment plans. But they’re in the smile business, not the payments industry. That’s why they turn to OrthoBanc. OrthoBanc doesn’t offer financing, but rather manages payment plans offered by orthodontists and dentists, as well as veterinarians and other medical practices.
Blog

Afinis Interoperability Standards Names Inaugural Board of Directors and Officers

May 4th, 2019
HERNDON, Va., April 23, 2019 – Afinis Interoperability Standards, a new member-led organization supported by NACHA, announced its inaugural Board of Directors and Board Officers. The Board of 10 members and three officers will guide the strategic direction of the organization, which is advancing financial industry standards, including API standardization and other financial services standards, across the U.S.
Press Release

Nacha Announces MicroBilt as a Preferred Partner for Bank Account Verification

May 4th, 2019
HERNDON, Va. — May 1, 2019 — MicroBilt is a new Nacha Preferred Partner for Bank Account Verification. 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