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IRS Will Provide Funding for Tens of Millions by Direct Deposit Effective Wednesday, March 17 Updated March 15, 2021: The IRS announced that the settlement date for the initial wave of tens of millions of economic impact payments by Direct Deposit will be …
RESTON, Virginia, Aug. 5, 2024 – Nacha announced today that SouthState Bank has become i ts newest Direct Member. With SouthState Bank's addition, Nacha now has 46 Direct Members, which include financial institutions and Payments Associations. "We are …
Episode 9: Smarter, Faster Payments 2022: Together Again is a Good Place to Be After a two-year hiatus because of the COVID-19 pandemic, Nacha's in-person Smarter Faster Payments Conference will return May 1-4 in Nashville, Tennessee. With May just around …
Smarter Faster Payments 2024 is from Monday, May 6, to Thursday, May 9. Lisa Coffey and Raven Johnson with Corporate America Credit Union and Ashley Mustico from Nacha share the value of attending Smarter Faster Payments. With more than 120 educational …
HERNDON, Va. , March 20, 2020 – A major enhancement to Same Day ACH begins today, as the dollar limit per payment quadruples to $100,000. “This is one of the most requested changes Nacha has been asked for since Same Day ACH debuted,” said Nacha President …
Same Day ACH payments will be further enhanced with a new $1 million per transaction limit. Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all …
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 …
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 …
Nacha Marks Fifth Anniversary Since Inception of Same Day ACH With Same Day ACH about to mark its fifth anniversary, new figures from Nacha show astounding growth for this faster payment method. In the second quarter of 2021, Same Day ACH payment volume …