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Nacha today announced its 2022 Board of Directors. These Board members are all senior executives representing different sizes and types of financial institutions that utilize the ACH Network and who bring diversity in thought, experience and perspective …
HERNDON, Virginia, Jan. 24, 2024 – Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem. The Nacha Board provides strategic guidance related to the …
HERNDON, Virginia , Feb. 5, 2024 – Nacha is proud to announce it has been recognized for the sixth consecutive year as one of the Best Places to Work in Virginia by the Virginia Business Magazine and Best Companies Group. The Best Places to Work in …
It’s anything but a quiet Friday at Nacha. There are some big changes taking effect today (March 19) at the ACH Network: Same Day ACH The latest enhancement to Same Day ACH begins. A third window for submitting same day payments gives ODFIs an extra two …
New payment rails is a growth industry, says Gene Neyer of U.S. Bank. “This is an incredibly interesting and vibrant area,” he added. Neyer joins Josh Karoly of Netflix, Kathy Strasser of IncredibleBank, and Connie Theien of the Federal Reserve Bank of …
A new late night legend is about to start. But it’s not challenging Colbert, Fallon, Kimmel or SNL. Late night ACH file deliveries will begin for many financial institutions on Monday, Sept. 12. For others, the new part is Friday night file deliveries …
NASHVILLE, Tennessee —Could FedNow pave the way for more ACH settlement windows? A major stumbling block to expanding ACH hours is that the Federal Reserve’s National Settlement Service (NSS) for interbank settlement closes at the end of the business day …
It was Sept. 23, 2016. The Dow Jones Industrial Average was at 18,261; a remake of “The Magnificent Seven” with Denzel Washington opened in movie theaters; and Same Day ACH made its debut. “Phase 1 of Same Day ACH allows for the sending and receiving of …
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) …