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.

771 results

2012 Payments System Awards - Call for Nominations

January 15, 2012
2012 PAYMENTS SYSTEM AWARDS CALL FOR NOMINATIONS Submission Period Now Closed Nacha – The Electronic Payments Association recognizes outstanding accomplishments and superior leadership, innovation, and excellence in electronic payments with its annual Payments System Awards.
Article

Nacha Councils Elect Chairpersons For 2012-2014

January 10, 2012
FOR IMMEDIATE RELEASE    Contact:     Nacha   703-561-3952  media@nacha.org HERNDON, Va., January 10, 2012 – Nacha – The Electronic Payments Association announces the election of chairpersons for three of its councils – The Internet Council (TIC), Council for Electronic Billing and Payment (CEBP), and Electronic Check Council (ECC) – for the 2012-2014 term. Deborah Matthews, AAP, ProfitStars’ director of payments strategies, will take the role of chairperson for The Internet Council.
Article

Nacha Announces 2011 Payments System Awards Recipients

April 5, 2011
AUSTIN, Texas, April 5, 2011 – Nacha — The Electronic Payments Association today announced the recipients of its 2011 Payments System Awards. The winners are being recognized during the Payments Systems Award Luncheon, sponsored by TD Bank, at Nacha’s PAYMENTS 2011 conference.   The Payments System Awards recognize outstanding individuals and organizations for their superior leadership, innovation, and excellence in the development, implementation, or advancement of electronic payments.
Article

IAT Processing and the “Effect of Illegality”

September 20, 2010
This ACH Operations Bulletin provides guidance to Participating DFIs on their obligations for the timely processing of International ACH Transactions (IAT), and the application of the rule provision on the “Effect of Illegality.”[1]
Operations Bulletin

Impact of Federal Reserve Overdraft Opt-In Rule on RDFIs and ACH Payments

July 2, 2010
This ACH Operations Bulletin provides guidance to ACH Network participants, particularly Receiving Depository Financial Institutions, on the application of the Federal Reserve Board’s recent amendments to Regulation E on overdrafts to a specific class of ACH transactions.[1]
Operations Bulletin

Nacha Announces 2010 Payments System Awards Recipients

April 27, 2010
SEATTLE, April 27, 2010 — Nacha—The Electronic Payments Association today announced the recipients of its 2010 Payments System Awards at its PAYMENTS 2010 conference. The awards recognize outstanding individuals and organizations for their superior leadership, innovation, and excellence in the development, implementation, or advancement of electronic payments. This year’s awards recipients include: The 2010 George Mitchell Payments System Excellence Award: RichardR. Oliver, Executive Vice President, Federal Reserve System The 2010 Kevin O’Brien ACH Quality Award: Paychex, Inc.
Article

Corporate Account Takeovers Can Lead to Fraudulent Transactions

December 2, 2009
This ACH Operations Bulletin provides information to Participating Depository Financial Institutions about “corporate account takeover” – a specific type of cyber-crime that is targeting small- and medium-sized business customers of financial institutions.
Operations Bulletin

George K. Roach, Consolidated Edison Company of New York, Receives Nacha’s 2009 George Mitchell Payments System Excellence Award

April 7, 2009
ORLANDO, Fla. – April 7, 2009 – Nacha – The Electronic Payments Association awarded its 2009 George Mitchell Payments System Excellence Award, the premier annual electronic billing and payments award, to George K. Roach and Consolidated Edison Company of New York for its considerable investment in promoting the benefits of e-bills and driving e-bill adoptions through Con Edison's ongoing “Go Green with e-Bills” campaign.
Press Release

ACH Operations Bulletin: Unlawful Internet Gambling Transactions

January 12, 2009
This ACH Operations Bulletin describes the obligations of participants in the ACH Network under a new regulation implementing the Unlawful Internet Gambling Enforcement Act, which were issued on November 12, 2008 by the Federal Reserve Board and the U.S. Department of the Treasury (the “Regulation”). 
Operations Bulletin