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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 …
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 …
After closing her practice for seven weeks during the pandemic, Dr. Hope E. Watson was grateful to get back to work, and called electronic claim payments "a blessing." Download the Success …
When Dr. Mark MiHalo first began practicing dentistry, claims had to be mailed in, and then he waited for checks. But with the ease of today's electronic payments, there's no reason to look back. Download the Success …
While ACH is as easy as ABC in the payments world, not everyone knows about the benefits of using electronic payments. That’s where Nacha’s Industry Verticals team comes in. “Mention Direct Deposit and the light bulb comes on, but ACH is a whole lot more, …
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 …
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 …
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, …
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 …