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It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits. A new campaign unveiled today by Nacha aims to educate and inform …
HERNDON, Va., Feb. 13, 2024 – Today, in support of National AAP Recognition Day, Nacha is pleased to spotlight the accomplishments of the 324 newly-minted AAPs earning their credential by passing the 2023 exam. They are now among the nearly 4,500 …
ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception
HERNDON, Virginia , Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the year was up 4.8% from 2022 …
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 …
The IRS and State Tax Refund Return Opt-In Programs were developed to make it easier for financial institutions to return tax refund credits in cases of suspected error or fraud. Opt-in rules define how Return Reason Code R17 may be used by participating …
Nacha Research Shows 97% of Workers Ages 22-34 Have a Bank Account and 88% of Them That Are W2 Workers Use Direct Deposit
New Ad Campaign Educates Gig Workers About Benefits of Direct Deposit HERNDON, Virginia, Oct.19, 2022 –A study commissioned by Nacha found the sizable majority of the nation’s younger millennials are paid by Direct Deposit but revealed a stark contrast …
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 …
It is with great sadness that I share the sudden passing of Elliott McEntee, who served as Nacha President & CEO from November 1988 to December 2008. Under more than 20 years of Elliott’s visionary leadership, the ACH Network and Nacha experienced …
Contact: Media Relations Today, Nacha announced the release of the Payments Innovation Alliance's 2021 Annual Report, detailing how the Alliance continued to offer critical thought leadership on emerging topics impacting the payments industry this year. …