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NASHVILLE, Tennessee —Could FedNow pave the way for more ACH settlement windows? A major stumbling block to expanding ACH hours is that the Federal Reserve’s National Settlement Service (NSS) for interbank settlement closes at the end of the business day …
For more than a year, Nacha and the Payment Associations have been urging financial institutions large and small to fulfill their obligations and enter required information in the ACH Contact Registry. Nacha made clear that after an extended grace period, …
… Do you get paid by Direct Deposit? That’s governed by the Rules. Do you pay your bills electronically via ACH? Also governed by the Rules. The ACH Network touches nearly all Americans, and the Nacha Operating Rules direct how the ACH Network is …
Now that you are an AFPP, it is important to maintain your credential with continuing education. Below is information on maintaining your AFPP designation, including earning and filing continuing education credits (CEC). When to File The AFPP …
With one new Nacha Rule just taking effect last month and two others right behind in September, Nacha has a wealth of new and refreshed materials to help you along. On June 30, Phase Two of Supplementing Data Security Requirements took effect, expanding …
Episode 4: Meaningful Modernization Meaningful Modernization is coming very soon. Learn more about what these Nacha Rules changes mean for ACH Network …
This interactive tool is designed to assist in verifying its RDC client's adherence to their RDC Agreement and the FFIEC Guidance on the Risk Management of Remote Deposit Capture. Available for immediate download, the RDC Review Checklist can be completed …
There’s a lot going on in the payments industry, making it important to get out in front of lawmakers and their staffs to help bring them up to speed. That’s why Nacha holds its annual Hill Day to help educate Congress on the importance of ACH payments to …
What if you enter a highway but before you get to the first toll booth the clock strikes midnight and the rates increase? Which toll would you pay: the one in effect when you got on, or the one in effect when you reach the booth? A very similar question …