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Innovation is vital to any industry, and to encourage forward thinkers in payments, Nacha has created the 15 Under 40 award. “We want to work on building the next generation of payments professionals, and recognizing these superstars is one way of doing …
There are some certainties in life, and Jordan Bennett knows this is one of them: “The fraudsters are going to follow the money. They always do.” As Nacha Senior Director, ACH Network Risk Management, Bennett said the focus has long been on debit fraud, …
Sure, you could sit around the pool this summer telling anyone who’ll listen about the great idea you have to solve a payment problem or hoping someone on the next chaise lounge wants to discuss payments industry trends. But chances are the person next to …
Summertime and the living is easy. Unless, of course, you’re a young person spending those days (and maybe nights) hard at work earning money to pay for school. If that’s you, or you know someone who fits the description, Direct Deposit can make payday a …
For some Americans, the pandemic quickly brought home an unpleasant fact about their savings: they don’t have enough. It’s a subject that gets part of the spotlight each year during America Saves Week , which Nacha is proud to participate in. In 2022, …
Nacha Launches New Unemployment Benefits Return Opt-In Program for Recovery of Partial and Full Amounts
Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to …
Editor’s note: This article is part of a series of blog posts to help you put ACH to work in your organization. The previous post was, “ Unlike Algebra, Businesses Need to Know About ACH Payments .” Remember the “Jetsons” cartoon when George Jetson took …
When Nacha says “Direct Deposit Delivers” we mean it. A new paper from the federal government helps back that up. Researchers from the Treasury Department, IRS and U.S. Census Bureau took a detailed look at who received funds, and when, from the first …
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.” …