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Join us on this episode of Nacha’s Payments SmartCast as we delve into the highlights of Nacha's Capitol Hill Day. Rich Leary, President and CEO of PaymentsFirst, and Bill Sullivan, Nacha’s Associate Managing Director of Government and Industry Relations, …
These Rule amendments become effective on Oct 1, 2024 and are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have …
RESTON, Virginia, Aug. 5, 2024 – Nacha announced today that SouthState Bank has become i ts newest Direct Member. With SouthState Bank's addition, Nacha now has 46 Direct Members, which include financial institutions and Payments Associations. "We are …
Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published its Business Email Compromise Response Action Plan . This free publication not only offers …
HERNDON, Virginia, July 18, 2024 – 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, Nacha reported. There were 8.3 billion ACH payments in …
Part One. Read Part Two . Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The …
Shauna Wesley-Baxley remembers a time when Johnson & Johnson Insurance made all its payments—from vendor and payroll to consumer reimbursements—by check, and she’s not nostalgic for it. “A nightmare between filing and trying to keep track of everything,” …