38 results related to "*"
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 …
The FBI has updated figures on Business Email Compromise (BEC) and none of the news is good. The bureau said there have been more than 166,000 incidents across the globe between June 2016 and July of this year. That’s based on victim reports to its …
Mercator Advisory Group recently held a webinar to further discuss the findings of its new white paper titled “The Expanding Role of ACH in the Era of Faster Payments.” Michael Herd, Nacha’s Senior Vice President of ACH Network Administration, and Sarah …
NASHVILLE, Tennessee —The financial industry looks a lot different than when the Federal Reserve opened for business in 1914, and changes keep coming. That has the Fed rethinking some of the ways it operates. “Like many of you we’re watching the payments …
You asked. We listened. Enhancements made! The next time you visit Nacha’s Risk Management Portal you’ll find several changes which are the direct results of industry input. It starts right at the login page. If you get an error message it now includes …
The Payments Innovation Alliance, along with Nacha and the Payments Associations, are on track to launch the first Faster Payments Professional Certificate in 2022. The FPP will allow payments professionals to demonstrate proficiency in the field of …
In more than 1,000 landings as a naval aviator, I never once made a gear-up landing. I didn’t take any chances: I used a checklist to prepare for every landing. The checklist was necessary not because lowering the landing gear is difficult to remember. It …
That didn’t take long at all. The ACH Contact Registry opened for business on July 1, and within a matter of days there were success stories to tell. Like when Eric Wester at UMACHA got a call from a member needing help with a missing payroll credit. …
Checks Still the Payment Method Most Susceptible to Fraud There’s encouraging news in the war on Business Email Compromise (BEC), though the numbers remain cause for concern. “Sixty-eight percent of organizations were targeted by BEC in 2021, eight …