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88 results related to "Same day ach"
June 4, 2024
How Nacha Consulting Helped QuickFee Bring ACH Processing In-House
… MIAMI BEACH, Fla. —The popularity of ACH is growing, but for … RDFIs looking to become ODFIs, companies wanting to add Same Day ACH capabilities, and—in a case study highlighted at …
May 15, 2024
ACH State of the Union: Over 1 Billion Same Day ACH Payments Expected in 2024
… MIAMI BEACH, Fla. —Records are made to be broken, and that’s … especially true when it comes to ACH. Both standard ACH and Same Day ACH are seeing tremendous growth. Where the latter is …
May 10, 2024
Nacha CEOs Past and Present Join in a 50th Anniversary Celebration
… MIAMI BEACH, Fla. —A little reminiscing, a little crystal ball … was, ‘CACHA, GACHA, UMACHA and NEACH Form NACHA.’ The next day, the American Banker wrote a story about the headline, … that they needed this. And the rest is history.” Same Day ACH got its start during Estep’s tenure. She …
November 14, 2023
From Same Day ACH Enhancement to the Return of Payments, a Busy 2022 is Ahead
… Nevertheless, with 2022 still in its relatively early days, many of us are hoping to get back on at least … a pre-pandemic normalcy. It certainly goes for us at Nacha, as we look forward to several things on our calendar.  First up is the imminent increase in the Same Day ACH dollar limit to $1 million per payment on March …
September 5, 2023
The Significant Majority of ACH Payments Settle in One Business Day—or Less
… A common myth that Nacha frequently addresses regards the settlement speed of … literature, you’ll likely see references such as 2-3 days, or, my least favorite, 3-5 days. Usually, the … one banking day—or less.   The “or less” part is handled by Same Day ACH. Payments of up to $1 million can use Same Day …
July 7, 2023
RMAG: Preventing and Recovering from Operational Errors and Accidents
… staffing problems, or natural disasters.  In April, an ACH service provider accidentally reinitiated a file that … to their member financial institutions.  Reversals and Same Day ACH may be used to correct errors. Communicate with the …
May 15, 2023
5 Reasons Why It’s Crazy for Businesses to Write Checks
… article is part of a series of blog posts to help you put ACH to work in your organization. The previous post was, “ … out an unfathomable 20 million commercial checks each day. Businesses, stop this crazy check thing! Here are five … (Spoiler alert—you can make a rush payment today using Same Day ACH, and, at a fraction of the cost of expedited …
May 2, 2023
What’s Next for Same Day ACH?
… Herd, Nell Campbell-Drake, Jason Carone. LAS VEGAS —With Same Day ACH seeing momentous growth—including first quarter 2023 …
April 25, 2023
In New Fed Report, Further Proof that the ACH Network is Thriving
… When Nacha says the modern ACH Network is thriving, we always have … has increased by more than $1 trillion. And the strength of Same Day ACH is leading the charge this year, with volume up …

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