Sep 30

Quarterly Rules Update - September 30, 2016


The next Quarterly Rules Update is scheduled for Sept. 30. Visit the Members-Only area of your membership program's website to register.

NACHA Announces Approval of Rule that Establishes Third-Party Sender Registration Requirements

Posted August 22, 2016

Registration requirements will support financial institutions’ risk mitigation efforts and NACHA’s efforts to maintain the quality of the ACH Network.

NACHA Releases “Essentials Guide” to Support Businesses with Implementation of Same Day ACH

Posted August 2, 2016

Resource provides accounts payable, receivable and credit professionals with guidelines to implement Same Day ACH in their businesses.

NACHA’s Payments Innovation Alliance and Board Advisory Group Release New Papers to Help Financial Institutions and Businesses Better Navigate Account Validation

Posted July 19, 2016

The papers highlight current methods of account validation and potential options for the future.

Third-Party Sender Registration

Recently implemented - Effective 9/29/2017

This rule will require Originating Depository Financial Institutions (ODFIs) to identify and register their Third-Party Sender customers. The registration process will promote consistent customer due diligence among all ODFIs, and serve as a tool to support NACHA’s continuing efforts to maintain ACH Network quality.


FS-ISAC Issues New Paper Outlining Best Practices and Recommendations for Risk Mitigation

Posted July 8, 2016

NACHA recently joined efforts with FS-ISAC to publish a paper on best practices and risk mitigation in response to recent account takeover attacks against the SWIFT Network.

NACHA’s Government Relations Advisory Group Hosts Annual Capitol Hill Day to Highlight Electronic Payments and ACH Network Advancements

Posted June 7, 2016

Each year, members of NACHA's Government Relations Advisory Group ​(GRAG), which include leaders from large and small financial institutions and Regional Payments Associations from across the country, meet with Congressional representatives and staff to continue education on the ACH Network, ACH payments and the NACHA Operating Rules.

Congressman Gerald E. Connolly of Virginia Designates May as Direct Deposit and Direct Payment via ACH Month

Posted May 12, 2016

Congressman Gerald E. “Gerry” Connolly of Virginia issued a proclamation into the Congressional Record designating May as Direct Deposit and Direct Payment via ACH Month.

NACHA Announces Winners of Inaugural ‘NACHA Challenge’ at PAYMENTS 2016

Posted April 20, 2016

NACHA announced today the winning teams of the NACHA Challenge, a team competition to foster new ways to improve the ACH end-user experience by filling market gaps or removing friction points.

NACHA Announces 2016 Payments System Awards Recipients

Posted April 19, 2016

PHOENIX, April 19, 2016 – NACHA—The Electronic Payments Association® today announced the recipien