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Editor’s Note: This is the second in a two-part series on an upcoming enhancement to Same Day ACH. On March 20, 2020, the dollar amount limit per payment increases from $25,000 to $100,000. Today we look at what Originating Depository Financial …
Direct Deposit rules on payday. But you don’t have to take our word for it. The American Payroll Association’s annual “Getting Paid In America” survey backs that up. On the question of “How do you receive your pay?” the results were lopsided: 93% of …
Nacha recently made a significant rule change to further enhance Same Day ACH , its own faster payments solution. Now, the per-payment dollar limit for same-day payments is now $100,000, up from $25,000. In a recent podcast interview with …
Property management is a big business that handles a lot of money, with managers collecting rents from tenants and then forwarding the funds to owners. As payments increasingly move online and away from paper checks, a fair share of those funds flow …
Part 1 of 4 ( Part 2 , Part 3 , Part 4 ) Earlier this year, the Nacha Risk Management Advisory Group (RMAG) met to expand upon a previous RMAG initiative on the topic of risk and exposure management. This is the first in a series of articles in which …
Part 2 of 4 ( Part 1 , Part 3 , Part 4 ) Earlier this year, the Nacha Risk Management Advisory Group (RMAG) met to expand upon a previous RMAG initiative on the topic of risk and exposure management. This is the second in a series of articles in which …
Part 4 of 4 ( Part 1 , Part 2 , Part 3 ) Earlier this year, the Nacha Risk Management Advisory Group (RMAG) met to expand a previous RMAG initiative on the topic of risk and exposure management. This is the fourth and final article in a series of …
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found. The Same Day ACH per-payment dollar limit quadrupled to …
With two record-setting months, double-digit growth in several areas, and $14 trillion in payments, the third quarter results for the modern ACH Network are impressive. It’s worth taking a closer look, because the ACH Network was flourishing. Same Day ACH …