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HERNDON, Virginia , Feb. 1, 2023 – Nacha today announced the addition of four new and two re-elected members to its Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an …
Nacha has again been named as one of the 2023 Best Places to Work in Virginia —for the fifth year in a row—by Virginia Business Magazine and Best Companies Group. Nacha governs the modern ACH Network, the payment system that drives safe, smart, and fast …
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 …
HERNDON, Virginia, Dec.13, 2022 – Nacha's Phixius service announced today that financial institutions and service providers have processed more than 2 million payment-related transactions on the platform this year. Phixius provides for the exchange of …
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 …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …
Direct Deposit continues to be the overwhelming choice for Americans to receive their wages, a new survey finds. In its 2022 “Getting Paid in America” survey, the American Payroll Association (APA) found that more than 93% of those questioned use Direct …
… Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
HERNDON, Virginia , Aug. 23, 2022 – Nacha’s Phixius service, a trusted peer-to-peer network for efficient and safe exchange and verification of payment-related information, announced today that financial institutions and service providers in the Phixius …