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HERNDON, Virginia , July 25, 2023 – The use of Same Day ACH payments grew significantly in the first half of 2023, powering the modern ACH Network to help meet the nation’s needs for faster payments, Nacha reported today. For the first half of 2023, the …
Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: “Nacha congratulates the Federal Reserve on the launch of FedNow. It is a significant …
There’s a lot going on in the payments industry, making it important to get out in front of lawmakers and their staffs to help bring them up to speed. That’s why Nacha holds its annual Hill Day to help educate Congress on the importance of ACH payments to …
HERNDON, Virginia , April 17, 2023 – The ACH Network began 2023 with solid growth in the first quarter, particularly in Same Day ACH where payment dollar values nearly doubled from a year earlier. A total of 7.7 billion payments valued at $19.7 trillion …
(L-R) Michael Herd, Nell Campbell-Drake, Jason Carone. LAS VEGAS —With Same Day ACH seeing momentous growth—including first quarter 2023 volume and value increases of 20.7% and 94.7% respectively—the question is what’s next. Some potential answers were on …
March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date. The original projection of cumulative Same Day ACH …
LAS VEGAS, April 19, 2023 – Nacha announced its 2023 Pay-Me Award Honorees during the Payments Connection Ceremony at its annual Smarter Faster Payments Conference. These movie-themed awards recognize some of the innovative solution providers that help …
It’s called “Smarter Faster Payments 2023” for a reason, and this year you’re going to see an emphasis on faster. “The sessions have pivoted to ‘what does faster mean and how do clients engage with it?’” said Joe W. Hussey, Senior Vice President of Global …
The payments field is never stagnant, so there’s no reason why payments education should be. The 2023 TPI On Campus , July 16-19, is moving with the times. Just ask the dean. “With so much change that’s taking place in the payments space, this year we’ve …