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HERNDON, Va., March 18, 2022 – Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments community has welcomed this faster payment …
As users of the ACH Network contemplate data quality, risk and compliance strategies, they should be aware that on March 18, 2022, Nacha’s ACH WEB Debit “Account Validation Rule” becomes enforceable. The rule requires that the first use of an account …
HERNDON, Va., April 22, 2022 - Nacha’s Afinis Interoperability Standards, a membership-based organization focusing on the rapid delivery of application programming interfaces (APIs) and other financial services standards across the United States, …
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) …
The ACH Network continues to thrive. Some may look at the ACH Network’s first quarter results this year, jump to conclusions and miss the complex and nuanced story. That story deserves a closer look. Payment volume on the ACH Network rose 2.2% from Q1 of …
Nacha’s Phixius Platform Announces Partnership with Aliaswire to Provide Small Volume ACH Users Account Verification Option
HERNDON, Virginia, June 6, 2022 – Today, Nacha announced a partnership with Phixius and Aliaswire that will enable financial institutions, fintechs and businesses that originate a small volume of ACH transactions to comply with Nacha’s WEB Debit Account …
HERNDON, Virginia , Aug. 23, 2022 – Nacha’s Phixius service, a trusted peer-to-peer network for efficient and safe exchange and verification of payment-related information, announced today that financial institutions and service providers in the Phixius …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …
The holidays are still a few weeks out, but the cause for celebration came a little early for Same Day ACH. During October, the 2 billionth Same Day ACH payment was processed. It’s an impressive milestone for the faster payment method that debuted in …