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EXECUTIVE SUMMARY ACH debits become eligible for same-day settlement with the implementation of Same Day ACH Phase 2 on Sept. 15, 2017. This ACH Operations Bulletin provides information to Originating and Receiving Depository Financial Institutions, …
EXECUTIVE SUMMARY The Nacha Operating Rules provide for Person-to-Person (P2P) payments via ACH credit transactions. In this way, one person can transfer funds to another person. Nacha has become aware that some financial institutions and their service …
ACH Operations Bulletin #2-2022: Additional Late Night ACH File Deliveries to Start in September 2022
Beginning in mid-September 2022, the ACH Operators - the Federal Reserve and The Clearing House - will implement additional late-night deliveries of ACH files to all Receiving Depository Financial Institutions (RDFIs). Both ACH Operators will …
Nacha Statement Regarding Federal Reserve Board’s Plan to Develop a Real-Time Payment and Settlement Service
As the administrator of the ACH Network, and as an industry association dedicated to bringing diverse stakeholders together, Nacha is committed to working cooperatively with the Federal Reserve and The Clearing House as payment systems evolve into the …
Contact: Media Relations Learn More: Nonprofit Toolkit Nonprofits large and small will benefit by using Nacha’s newly updated Nonprofit Toolkit to encourage donations by electronic bank transfer via the ACH Network. The completely redesigned Toolkit, …
Contact: Media Relations Today, Nacha’s Phixius platform, a trusted peer-to-peer network for efficient and safe exchange and verification of payment-related information, announced interested parties can participate in its Account Ownership Verification …
HERNDON, Virginia, Aug. 30, 2022 – MX is now a Nacha Preferred Partner Program for Risk Management and Fraud Prevention. In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that …
HERNDON, Virginia, Feb. 22, 2023 – The modern ACH Network safely and efficiently processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which the total …
Contact: Media Relations Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study : “The latest update to the Federal Reserve Payments Study highlights the importance …