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

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.

ACH Network Sees Highest Quarterly Growth in 11 Years

Same Day ACH Volume Jumps 46%

HERNDON, Va., July 11, 2019 – The ACH Network saw its highest quarterly growth rate in more than a decade during the second quarter of 2019.

Volume rose 7.7% over the same period in 2018, marking the ACH Network’s biggest quarterly increase since the third quarter of 2008, as measured on a processing-day basis.

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CFPB Takes a Fresh Look at Remittance Rule

May 9, 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 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

OrthoBanc Becomes a Nacha Certified Third-Party Sender

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

Nacha Introduces the Nacha Corporate Experience

May 6, 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 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 6, 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 6, 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 4, 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. and globally. 
Press Release