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… The Same Day ACH limit increased to $1 million per transaction, a ten-fold increase from the previous $100,000 per transaction limit. Since its introduction in 2016, Same Day ACH has continued to grow in popularity. The increase to $1 million enables …
HERNDON, Virginia , Oct. 17, 2023 – Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023. There were 212 million Same Day ACH payments with a …
HERNDON, Virginia, April 23, 2024 – 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 payments in the first quarter. The …
Same Day ACH has gained remarkable traction, with the payments community putting it to work in a number of use cases. Nacha takes a closer look at some of those success stories. We invite you to read our case studies to see some of the creative ways Same …
A TPS that has agreed with a Participating DFI to process Entries has certain, specific ACH Rule obligations, including the requirement to implement an ACH Risk Management Program. The components of an effective ACH Risk Management Program typically …
Contact: Media Relations Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments. The ACH Network processed 7.3 billion payments …
NASHVILLE, Tennessee —Same Day ACH only turned five last September, and as Michael Herd, Nacha Senior Vice President, ACH Network Administration, noted, that means “it’s still early.” After all, he said, from the time the ACH Network began “it took about …
The Third-Party Sender ACH Risk Assessment Workbook is designed to assist Third-Party Senders of all types in addressing their ACH risk. Content of the Workbook includes risk obligations as defined in the OCC Bulletin 2006-39, ACH Risk Management …