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ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception
HERNDON, Virginia , Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the year was up 4.8% from 2022 …
HERNDON, Virginia , Feb. 5, 2024 – Nacha is proud to announce it has been recognized for the sixth consecutive year as one of the Best Places to Work in Virginia by the Virginia Business Magazine and Best Companies Group. The Best Places to Work in …
It’s been one of Nacha’s main focuses in recent years: Encouraging healthcare professionals—especially dentists—to receive claim payments by electronic funds transfer, or EFT. There’s new evidence that these efforts are paying off. The 2023 CAQH Index …
Nacha Research Shows 97% of Workers Ages 22-34 Have a Bank Account and 88% of Them That Are W2 Workers Use Direct Deposit
New Ad Campaign Educates Gig Workers About Benefits of Direct Deposit HERNDON, Virginia, Oct.19, 2022 –A study commissioned by Nacha found the sizable majority of the nation’s younger millennials are paid by Direct Deposit but revealed a stark contrast …
HERNDON, Virginia, Jan. 24, 2024 – Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem. The Nacha Board provides strategic guidance related to the …
A decade-long increase in medical and dental professionals receiving claim payments by EFT continued in 2023. The nearly 488 million EFT healthcare payments reflect a rise of 7.7% over 2022. And when you look back to 2013, when there were just 19.2 …
For technology firm Profituity, having the latest Nacha Rules is indispensable. “We feel at Profituity we have a really good handle on the basic Rules, but we are very curious about what’s changing and why, so that as we help our customers mitigate …
Nacha continually publishes new resources and updates existing tools to help ACH Network participants manage risk. It certainly kept up the pace in 2023. In the end-of-year calm arising from an IT moratorium or customer out-of-office messages, the next …
It’s one of the most important services Nacha provides to financial institutions. To better assist its users a fresh new look and other enhancements are coming soon to the Risk Management Portal. Before anything changes, we want to assure you that a …