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Is Your Financial Institution’s Information Current in the ACH Contact Registry? Now’s the Time to Make Certain
One day you might need the help that the ACH Contact Registry was created to provide. But imagine how you’ll feel if the listing doesn’t provide the assistance it’s supposed to. That’s been an issue for some ACH Contact Registry users who have reached out …
For more than a year, Nacha and the Payment Associations have been urging financial institutions large and small to fulfill their obligations and enter required information in the ACH Contact Registry. Nacha made clear that after an extended grace period, …
It’s called the ACH Contact Registry, but it’s being used for a whole lot more. Under the Nacha Rules, financial institutions must enter staff or departmental contacts for ACH operations and fraud/risk management. But there’s the option to list contacts …
Editor’s note: This article is part of a series of blog posts to help you put ACH to work in your organization. The previous post was, “ Unlike Algebra, Businesses Need to Know About ACH Payments .” Remember the “Jetsons” cartoon when George Jetson took …
By now you’ve likely seen the ACH Network’s second quarter results for this year. While the 9.9% overall growth rate is proof that the ACH Network is thriving, it doesn’t tell the full story. To do that, you need to take a closer look at some of the …
Part One. Read Part Two . Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The …