Displaying 1 - 10 of over 533 results for "*"
June 13, 2022
With one new Nacha Rule coming later this 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 takes effect, expanding the coverage of the requirement that ACH…
ACH, Nacha Operating Rules
June 1, 2022
ACH end users have consistently and constantly asked for higher dollar limits for Same Day ACH payments. In March 2020, the original limit of $25,000 was raised to $100,000. Then, two years later in March 2022, the limit was increased again to $1 million per payment. Let’s look at the impact this…
ACH, Same Day ACH
May 23, 2022
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 (on Eastern Time), as well as on weekends…
ACH, Faster Payments
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