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ACH frees up time, money and energy so nonprofits can focus on what really matters: their mission. In creating a new ACH toolkit for nonprofits, Nacha undertook research to see what resonated with donor coordinators and donors. The goal was to ensure the …
NASHVILLE, Tennessee —Presidents typically stand before Congress and proclaim the state of the union to be strong. Michael Herd was looking for a different adjective to describe the ACH State of the Union and came up with the perfect fit: “historic.” …
Episode 3: ACH for Nonprofits One of Nacha’s goals has been to increase the use of electronic bank transfers by charitable and religious groups. To that end, Nacha recently completed a major overhaul of its Nonprofit Toolkit, which has pretty much …
… Growing fast. Going strong. Second Quarter 2024 Volume and Value Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024. There were 8.3 billion …
2021 is shaping up to be a banner year for healthcare volume on the ACH Network, as medical and dental providers increasingly recognize the advantages of electronic claim payments. “There were 361 million healthcare EFTs through the ACH Network through …
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 …
The Council for Affordable Quality Healthcare (CAQH) owns and manages the CORE Operating Rules. The Healthcare EFT Enrollment Rules were just updated to help health claim payments move more efficiently and effectively while aiming to reduce fraud. Three …
Summertime and the living is busy. At least for Nacha’s Industry Engagement team, which year-round promotes the benefits of ACH payments for specific industry use cases. High on that list are nonprofits, which recently brought the team to Atlanta for what …
The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …