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NASHVILLE, Tennessee —Presidents typically stand before Congress and proclaim the state of the union to be strong. Michael Herd was looking for a different adjective to describe the ACH State of the Union and came up with the perfect fit: “historic.” …
Direct Deposits and Direct Payments are the smart and convenient way businesses, individuals, and government entities safely send and receive payments. Also known as direct debit, EFT, electronic bank transfer and eCheck, these types of payments move on …
Urges Greater Adoption of the Healthcare EFT, and Points to Afinis as Model for API Standardization Nacha filed comments on July 30, 2021, with the National Committee on Vital Health and Statistics (NCVHS), Subcommittee on Standards, in response to the …
While there’s an overwhelming desire to return to pre-pandemic life, some changes to the payments landscape are likely permanent—and that’s a good thing. “Every payment type across the board that logically made sense has seen increases in ACH and I don’t …
The last year and a half was turbulent, but through it all the ACH Network delivered for Americans when they needed it most, while also preparing for a strong future, Nacha President and CEO Jane Larimer said. “The ACH Network demonstrated its role as a …
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 …
The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG). The extension of Same …
As the pandemic winds down, both consumers and merchants are beginning to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are …
Afinis Interoperability Standards Releases New APIs to Help Businesses with Cash Management Decisions
Contact: Media Relations Adopting the new application programming interfaces will help corporate banking customers better access detailed financial data across banking platforms Nacha’s Afinis Interoperability Standards announced today it has released …