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In the U.S. more than five million older adults experienced financial exploitation in 2023, with financial losses totaling $36.5 billion. To address this widespread issue, the Alliance’s Consumer Financial Exploitation Project Team has developed an …
… Growing fast. Going strong. First Quarter 2024 Volume and Value A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH …
Treasury and finance payments practitioners and payroll professionals at corporations, larger businesses and governmental organizations (federal, state and local) are big users of ACH payments—from paying bills and employees, to receiving payments for the …
Nacha Direct Members are comprised of financial institutions and payments association organizations that shape and influence the governance and direction of the ACH Network and the Nacha Operating Rules. Through cross-industry cooperation, innovation and …
The IRS Refund Opt-In Program was developed by the IRS and Nacha to make it easier for financial institutions to return tax refund credits in cases of suspected error or fraud. What’s In It For You? Numerous financial institutions, as well as the IRS and …
It’s a good problem to have: Going to Smarter Faster Payments 2024 and making sure you don’t miss a thing. “You have to plan your whole schedule on where you want to be and at what time, because it’s packed full of information,” said Lisa S. Coffey, Chief …
It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits. A new campaign unveiled today by Nacha aims to educate and inform …
Developed by the State Revenue Agencies and Nacha, the State Tax Refund Return Opt-In Program makes it easier for financial institutions to return tax refund credits in cases of suspected error or fraud. What’s In It For You? Numerous financial …