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Between inflation, market swings, crypto issues and more, the U.S. has weathered an uncertain economic situation in 2022. One bright spot: the modern ACH Network, which has continued growing despite some of the setbacks the economy has seen. Look at the …
Some of Nacha’s top leaders were among those informing and enlightening participants at AFP 2022 in Philadelphia last month. Jane Larimer, Nacha President and CEO, joined Joe W. Hussey, Nacha Board Chair and Senior Vice President, Global Treasury …
In more than 1,000 landings as a naval aviator, I never once made a gear-up landing. I didn’t take any chances: I used a checklist to prepare for every landing. The checklist was necessary not because lowering the landing gear is difficult to remember. It …
Whether it’s for the ACH Network, education for payments professionals or a host of other things we do, Nacha is always moving forward. There are some very exciting things coming in 2023 and I’d like to take a little time to update you. Same Day ACH is a …
Nacha believes that risk management is central to maintaining a high-quality ACH Network that relies on the trust of each participant. Financial Institutions’ obligations include conducting a risk assessment and implementing a risk management program …
High-quality, relevant CLE from the comfort of your La-Z-Boy Recliner? Or while you work out in your gym? Yes, please! Even better: It's free for lawyers! More than 480 lawyers, compliance professionals, and payment executives tuned in to Nacha’s second …
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 …
The ACH Network continued growing in the final quarter of 2022. Payment volume totaled 7.6 billion, up 2.3% from the fourth quarter of 2021. The value of those payments, $19.4 trillion, is a 3% rise. Use of Same Day ACH remained solid following the March …
In a matter of days, Phase 2 of the Nacha Micro-Entries Rule takes effect. Starting March 17, 2023, Originators of Micro-Entries will have to use commercially reasonable fraud detection. “At a minimum that includes monitoring forward and return volumes …