Displaying 1 - 10 of over 162 results for "*"
May 26, 2021
HERNDON, Va., May 26, 2021 – As the COVID-19 pandemic begins to subside, healthcare claim payments are on the rise.
Figures from Nacha, which governs the ACH Network, show nearly 37.4 million healthcare claim payments were made to providers by ACH in March 2021, the most ever in a single…
Healthcare
May 13, 2021
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 to Nacha.
“We have heard about cases…
Risk Management, Risk & Compliance, ACH, ACH Network, ACH Operations
April 15, 2021
Same Day ACH Volume Climbs 88%, Passes 1 Billion Milestone
The modern ACH Network saw volume soar in the first quarter of 2021, setting two new records in the process.
Quarterly volume of 7.1 billion payments was an increase of 11.2% from the same period in 2020. The value of those payments…
Same Day ACH, ACH, ACH Network
April 5, 2021
Same Day ACH payments will be further enhanced with a new $1 million per transaction limit.
Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all eligible Same Day ACH payments, including…
Same Day ACH, ACH, ACH Network
April 1, 2021
You want more ACH payments from your customers because ACH:
Costs less than check and card payments;
Requires less labor to process than checks and you can’t increase hires (or have to decrease head count);
Clears quickly for improved cash flow;
Provides customer convenience with an…
ACH
March 30, 2021
Nacha today released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020.
The Top 50 originating financial institutions handled ACH volume of almost 23.1 billion payments last year, an increase of nearly 8.6% over 2019. They accounted for 92.7% of…
ACH, ACH Network
March 22, 2021
Nacha, The Clearing House and The Federal Reserve—collectively comprising the infrastructure of the ACH Network—announce the successful expansion of Same Day ACH.
On March 19, 2021, the operating hours of Same Day ACH were extended through the establishment of a third daily opportunity to clear…
Same Day ACH, ACH, ACH Network
March 18, 2021
It’s anything but a quiet Friday at Nacha. There are some big changes taking effect today (March 19) at the ACH Network:
Same Day ACH
The latest enhancement to Same Day ACH begins.
A third window for submitting same day payments gives ODFIs an extra two hours, until 4:45 p.m. ET. RDFIs…
Same Day ACH, ACH
March 17, 2021
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 his dog Astro out for a walk on the space…
ACH, Direct Deposit, Direct Payment via ACH
March 17, 2021
The Payments Innovation Alliance has launched the ACH Guide for Developers, an online resource created to assist developers who need to code to the Nacha Operating Rules and Guidelines format, but are not Rules experts.
The guide will help familiarize developers with the basics of the ACH…
ACH, Innovation