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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 …
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 …
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 …
Phixius, Nacha’s Platform to Enable the Sharing of Payment-Related Information, Adds Three Participants So Far in 2021
New Participants Extend Reach to Hundreds of Businesses HERNDON, Va ., May 20, 2021 – Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021. The new …
When it comes to B2B, sometimes processing payments can be a job in and of itself. Payment information is missing or incorrect; there’s a lopsided reliance on doing things manually rather than through automation; and there’s a lack of industry …
Same Day ACH Volume Climbs 90.7%, Passes 1 Billion Milestone Note: The Same Day ACH numbers were updated Aug. 30, 2021, to reflect additional volume identified by an Operator. The modern ACH Network saw volume soar in the first quarter of 2021, setting …
The future is now – or at least is in the works. Nacha’s new Alliance Project Team kicked off and has designed a plan for the first Faster Payments Professional Certificate. The team is on track to launch the program in early 2022. Nacha announced that …
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
Contact: Media Relations With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. There were …
Afinis Interoperability Standards Releases New APIs for Account Ownership Validation and Payment Initiation
Contact: Media Relations Nacha’s Afinis Interoperability Standards announced today it has released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation. Afinis is a membership-based …