News

NACHA Announces 2011 Payments System Awards Recipients

Posted 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.

IAT Processing and the “Effect of Illegality”

Posted 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.”

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

Posted 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.