News

NACHA Government Relations Update - Jan. 11, 2018

Posted January 10, 2018

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: U.S. Senate Reshuffles Committee Rosters.

NACHA Releases ISO 20022 Validator Tool

Posted December 14, 2017

Tool complements NACHA’s ISO 20022 Mapping Guide by supporting testing and conformity of ISO 20022 payment instructions for U.S. ACH file formats.

NACHA Government Relations Update - Dec. 14, 2017

Posted December 13, 2017

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: NACHA Executives Meet with Fed Operations & Payments System Staff; Senate Banking Committee Approves Powell as Federal Reserve Board Chair and more.

NACHA Government Relations Update - Nov. 30, 2017

Posted November 29, 2017

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: Battle Over CFPB; Janet Yellen Stepping Down from the Federal Reserve System’s Board of Governors and more.
 

ACH Operations Bulletin #4-2017: Managing the Risks of Consumer-to-Other-Consumer Debits

Posted November 27, 2017

The NACHA Operating Rules provide for Person-to-Person (P2P) payments via ACH credit transactions. In this way, one person can transfer funds to another person. NACHA has become aware that some financial institutions and their service providers are allowing consumers to debit other consumers’ accounts. This ACH Operations Bulletin provides guidance to financial institutions and their service providers on the application of the NACHA Operating Rules and other risk management considerations relevant to the origination of such “consumer-to-other-consumer” (C2C) debits.