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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 …
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 …
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 …
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.” …
Contact: Media Relations Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study : “The latest update to the Federal Reserve Payments Study highlights the importance …
The one-year anniversary of Same Day ACH’s $1 million limit is March 18. The higher per-payment limit was in effect for more than nine months of 2022, and the results for all of last year speak volumes (and value). The 697.5 million Same Day ACH payments …
Contact: Media Relations Learn More: Nonprofit Toolkit Nonprofits large and small will benefit by using Nacha’s newly updated Nonprofit Toolkit to encourage donations by electronic bank transfer via the ACH Network. The completely redesigned Toolkit, …
$484.85 billion. That’s how much Americans donated to charity in 2021, according to Giving USA. Of that total, 67%—nearly $327 billion—came from individuals. Now imagine the impact that could make if more of those donations were made by ACH. It’s a lofty …
NASHVILLE, Tennessee —Sustainers are the lifeblood of most nonprofits, and Nacha’s research shows an opportunity to convert regular donors to sustaining donors using ACH. “But what we found was that only 25% of donors are using ACH for their recurring …