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.

795 results

Industry Trades Show Strong Support for Direct Deposit

August 29, 2019
Nacha, backed by eight financial institutions and end-user trade associations sent a letter to Senate Banking and House Financial Services Committee staff about the success of Direct Deposit for America’s workforce.
Government Affairs Updates

Nacha Announces Plaid as a Preferred Partner for Account Validation

August 29, 2019
Plaid is now a Nacha Preferred Partner for Account Validation, joining a select group of innovators contributing 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

Pay on Payday: Direct Deposit is Money in the Bank

August 25, 2019
How many times have you heard some version of “never take anything for granted”? Sometimes in this modern, digital age we forget about all the conveniences afforded us by advancements in technology, and we ignore that things haven’t always been done the way they are now. With real-time payments systems being built, real-time has been the topic du jour lately as it relates to paychecks.
Blog

Nacha Announces Envestnet | Yodlee as a Preferred Partner for Account Validation

August 23, 2019
Envestnet | Yodlee is a new Nacha Preferred Partner for Account Validation, joining a select group of innovators contributing 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

What Are APIs and How Are They Changing Banking?

August 13, 2019
Published in PaymentsJournal on August 13, 2019 If you keep up with the payments industry, you’re bound to have heard about APIs. It seems like every day brings fresh articles covering the newest APIs in glowing terms. From improving digital banking to facilitating Same Day ACH payments, APIs are having a major impact on payments and the wider financial industry. But what are APIs and how exactly are they changing the payment ecosystem? APIs 101: a crash course on communication API stands for application programming interface.
Blog

NACHA Government Relations Update – August 8, 2019

August 8, 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 Reserve to Build a Real-Time Payment and Settlement Service to Support Faster Payments; Fed Chairman Powell Responds to Senate Banking’s Letter on Real Time Payments.