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Treasury and finance payments practitioners and payroll professionals at corporations, larger businesses and governmental organizations (federal, state and local) are big users of ACH payments—from paying bills and employees, to receiving payments for the …
When it comes to account validation, companies have to get it right. From Nacha Rules compliance to risk issues to the customer experience, there’s a lot to consider. “We really look at many different types of transactions when we consider account …
Dive into the latest episode of Nacha's "Payments Smartcast" where we discuss the state of bank account validation in the ACH space with Amy Morris, Senior Director, ACH Network Rules at Nacha, and James Cook, VP of Product Management at Accelitas. …
We’re all abuzz with excitement -- there’s a new way to keep up with new developments in the payments industry. Buzzcasts is the new video series from the Payments Innovation Alliance, offering viewers fresh, hot takes on topics that will inform industry …
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 …
… More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …
While ACH is as easy as ABC in the payments world, not everyone knows about the benefits of using electronic payments. That’s where Nacha’s Industry Verticals team comes in. “Mention Direct Deposit and the light bulb comes on, but ACH is a whole lot more, …
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 …