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Smarter Faster Payments 2024 is from Monday, May 6, to Thursday, May 9. Lisa Coffey and Raven Johnson with Corporate America Credit Union and Ashley Mustico from Nacha share the value of attending Smarter Faster Payments. With more than 120 educational …
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 …
This tool, modeled after the popular ACH Quick Reference Cards for Financial Institutions , is specifically designed for corporate ACH users. This four-card reference set gives Originators fingertip access to critical information for the correct handling …
Regulators and the Nacha Operating Rules require all financial institutions to conduct an ACH Compliance Audit annually. This user-friendly workbook will eliminate guesswork and guide you through conducting a risk-based ACH Compliance Audit by …
Consumer ACH payments include recurring expenses—mortgages, loan payments and utilities, for example—where consumers can authorize a monthly payment and not worry about mailing checks and instead to “just set it and forget it.” Consumers are also finding …
HERNDON, Va., Feb. 13, 2024 – Today, in support of National AAP Recognition Day, Nacha is pleased to spotlight the accomplishments of the 324 newly-minted AAPs earning their credential by passing the 2023 exam. They are now among the nearly 4,500 …
Nacha supports users having choices in electronic payments – including instant payments (such as FedNow and RTP), credit cards and wire. Electronic payment options can be complementary and give payment system users a choice based on their use case. This …
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 …
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 …