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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Five Hidden A/R Costs That Eat Away Your Bottom Line

December 16, 2019
If you told your CFO that receivables processing is eating away 20% of their gross-margin, would they sit up and pay attention? Unfortunately, while more than 41% of finance transformation programs are focused on correcting margin erosion by improving customer profitability, most C-suites are not focused on the role which you and the rest of the A/R team could play in this. But BrightStar is an exception.

Nacha Announces Profituity as a Preferred Partner for ACH Enablement and NSF Recovery

December 10, 2019
Profituity is now a Nacha Preferred Partner for ACH Enablement and NSF Recovery As a Nacha Preferred Partner, Profituity joins a select group of innovators contributing to Nacha’s strategic efforts in support of the payments ACH ecosystem. Together through this partnership, Profituity and Nacha will continue working to remove friction, increase quality, improve cash flow accessibility and efficiency, and support sound risk management and security for ACH payments. “We are pleased to welcome Profituity as a Preferred Partner,” said Nacha President and CEO Jane Larimer.
Press Release

Five Tips to Prepare for Your Next Regulator Exam

December 3, 2019
At its most recent meeting, members of Nacha’s Risk Management Advisory Group (RMAG) discussed tips on how a financial institution can prepare for its next regulator exam. Here are some of the key points.

Five Reasons Why it’s Crazy for Businesses to Write Checks

December 2, 2019
Remember the “Jetsons” cartoon when George Jetson took his dog Astro out for a walk on the space treadmill? Yikes! He got sucked up into a never-ending, out-of-control spin cycle, screaming, “Jane, stop this crazy thing!” Similarly, many businesses are stuck on the check-writing treadmill.

Board Nominating Committee Announces New Officers & Directors

November 19, 2019
The Nacha Board Nominating Committee is pleased to recognize those individuals who have been elected as Board Chairperson, Secretary/Treasurer and Nacha Directors. Officer Elections Officer candidates were put forward by the Nominating Committee for Board approval at the Nov. 13-14, 2019, meeting of the Nacha Board of Directors. Joe W. Hussey, Managing Director, J.P. Morgan, has been elected by the Board of Directors to serve as Chairperson for 2020.