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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June 16, 2020
Nacha’s GRAG recently held a conference call with Kevin George, Senior Advisor, Economic Policy for Fintech Task Force for Chairman Lynch (D-MA) two days before the Task Force Hearing on "Inclusive Banking During a Pandemic: Using Fed Accounts and Digital Tools to Improve Delivery of Stimulus Payments." The robust dialogue focused on government EIP payments, future legislation for more payments, faster payments including FedNow and how Capitol Hill is dealing with job responsibilities and safety during the pandemic.  
June 11, 2020
Mercator Advisory Group recently held a webinar to further discuss the findings of its new white paper titled “The Expanding Role of ACH in the Era of Faster Payments.”  Michael Herd, Nacha’s Senior Vice President of ACH Network Administration, and Sarah Grotta, Mercator’s Director of Debit and Alternative Products Advisory Service and author of the white paper, discussed hot topics, including: 
June 10, 2020
1. Help Yourself. Someday you’re going to need to find the right person at another financial institution to help you. Registering promptly for the ACH Contact Registry gives you access to all the other FI contacts that have registered. 2. Help Others. Someday someone at another FI might need help from your institution. Make it easy for them to find you by registering promptly and keeping your info up to date.
June 9, 2020
Part 4 of 4 (Part 1, Part 2, Part 3) 
June 2, 2020
Part 3 of 4 (Part 1, Part 2, Part 4) 
June 1, 2020
Nacha has approved Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, for a two-year renewal of its Nacha Certified status, good through May 2022.  Nacha Certified is a voluntary program that helps Third-Party Senders in the ACH Network to set themselves apart in today’s competitive market. Successful Nacha Certified candidates demonstrate effective ACH Rules compliance and risk management, and sound corporate governance. 
June 1, 2020
Direct Deposit is one of those things that’s easy to take for granted. Like clockwork, it delivers employees' salaries each payday, as well as Social Security and veterans benefits. And as far as most people are concerned, it all happens without a second thought. But in these unprecedented times, Direct Deposit has found itself in the forefront. 
May 31, 2020
Nacha has awarded Nacha Certified status to Secure Payment Systems, a payment processing and information services provider. Nacha Certified is a voluntary program that helps Third-Party Senders in the ACH Network set themselves apart in today’s competitive market. Successful Nacha Certified candidates demonstrate effective ACH Rules compliance and risk management, and sound corporate governance. 
May 28, 2020
HERNDON, Va., May 28, 2020 – The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster Payments.” The paper also highlights how – as payments become faster – ACH supports the future of the industry with Same Day ACH, while providing the money-movement infrastructure for many other payment products.
May 27, 2020
The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster Payments.” To review the paper, Mercator is hosting a complimentary webinar featuring Michael Herd, Nacha’s Senior Vice President of ACH Network Administration, and Sarah Grotta, Mercator’s Director of Debit and Alternative Products Advisory Service and author of the white paper, on Thursday, June 4, at 1 p.m. EST.
May 26, 2020
Part 2 of 4 (Part 1, Part 3, Part 4) 
May 21, 2020
Weeks turned into months, as houses of worship remained shut by the coronavirus pandemic. In some places, they’re beginning to reopen, but many people do not want to venture back yet. And all the while, donations are often lagging, as one Sunday after another passes by.