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HERNDON, Virginia, June 14, 2022 – Nacha has awarded Nacha Certified status for a second consecutive term to Paycor, a leading provider of Human Capital Management software. Third-Party Senders using the ACH Network such as Paycor set themselves apart by …
A customer overpays by 22 cents, and you refund it by ACH. Is that a Micro-Entry? How about if a customer pays a 93-cent bill by ACH. Is that a Micro-Entry? Are these transactions subject to the new Nacha Micro-Entry Rule taking effect Sept. 16? “Not …
HERNDON, Virginia , Aug. 2, 2022 – The ACH Network moved 7.5 billion payments in the second quarter of 2022, led by growth in Same Day ACH and business-to-business (B2B) payments. This quarter was the first in which the Same Day ACH dollar limit was $1 …
Increasing the Same Day ACH dollar limit to $1 million per payment posed no greater fraud risk than the prior $100,000 threshold, a new survey by Nacha’s Risk Management Advisory Group (RMAG) found. RMAG reviewed the proposal before it took effect in …
A new late night legend is about to start. But it’s not challenging Colbert, Fallon, Kimmel or SNL. Late night ACH file deliveries will begin for many financial institutions on Monday, Sept. 12. For others, the new part is Friday night file deliveries …
… Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
HERNDON, Virginia , January 24, 2023 – Nacha has approved Nacha Certified status for CBIZ Human Capital Management (HCM), a provider of workforce management solutions. Third-Party Senders using the ACH Network set themselves apart in today’s competitive …
HERNDON, Virginia , May 13, 2022 – When the Nacha Certified program began in 2018, Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, was the first …
HERNDON, Virginia , Sept. 22, 2022 –Nacha released a report on its latest Risk Management Framework today, providing a new strategy for industry participants in both the ACH Network as well as other payments systems to address new and persistent frauds …