Displaying 1 - 10 of over 521 results for "*"
May 18, 2022
NASHVILLE, Tennessee—There was a time when the focus of risk management on the ACH Network was controlling unauthorized debits. But keeping the ACH Network safe means keeping up with the times and anticipating future scenarios. Today, fraud involving credits and other push type payments is a…
ACH, Risk Management
May 12, 2022
The ACH Network continues to thrive. Some may look at the ACH Network’s first quarter results this year, jump to conclusions and miss the complex and nuanced story. That story deserves a closer look.
Payment volume on the ACH Network rose 2.2% from Q1 of 2021 to Q1 of 2022. If you don’t consider…
ACH, Same Day ACH
May 12, 2022
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) payments and the increase to the Same Day ACH…
ACH, Same Day ACH
May 10, 2022
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.”
Ample proof of that was highlighted during a…
ACH, Same Day ACH
May 10, 2022
NASHVILLE, Tennessee—Same Day ACH only turned five last September, and as Michael Herd, Nacha Senior Vice President, ACH Network Administration, noted, that means “it’s still early.” After all, he said, from the time the ACH Network began “it took about 20 years to get to a billion payments a year…
ACH, Same Day ACH
May 3, 2022
NASHVILLE, Tennessee—Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans.
“We don’t need special occasions” to use Same Day ACH, said Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors.
“What we’ve seen…
ACH, Same Day ACH
May 1, 2022
Nacha's Payments Innovation Alliance Releases Guide Addressing Contractual Considerations of Voice Payments
NASHVILLE, Tenn., MAY 3, 2022 – Nacha's Payments Innovation Alliance has created a legal and risk mitigation resource guide for financial institutions seeking to implement voice payments capabilities and applications (skills) through smart devices, such as the Amazon Echo and Google Nest.
As…
ACH
April 22, 2022
HERNDON, Va., April 22, 2022 - Nacha’s Afinis Interoperability Standards, a membership-based organization focusing on the rapid delivery of application programming interfaces (APIs) and other financial services standards across the United States, announced its new Board of Directors. A…
ACH
April 19, 2022
Phase Two of Nacha’s Supplementing Data Security Rule will be implemented June 30, and Third-Party Senders, Third-Party Service Providers, and Originators should be preparing for compliance.
The Nacha Operating Rule requires that account information be rendered unreadable when stored…
ACH
April 5, 2022
HERNDON, Va., April 5, 2022 - Nacha’s Top 50 rankings of financial institution originators and receivers of ACH payments for 2021 are now available.
The Top 50 originating institutions saw total ACH volume of nearly 25 billion payments last year, an increase of 8.2% over 2020.…
ACH