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Sometimes simple works best. When it comes to your financial life, there are ways to simplify things that make a lot of sense. The first week of August is Simplify Your Life Week, and on a personal level, one of the easiest things to do is to move away …
Buy Now, Pay Later (BNPL) has exploded over the past year as a payments method. Although the general concept is not particularly new – buying items “on layaway” was popular for decades after the Great Depression, and installment lending was the most …
Contact: Media Relations Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study : “The latest update to the Federal Reserve Payments Study highlights the importance …
Your dentist likely isn’t shy about telling you to floss more. And Nacha’s latest campaign with the American Dental Association (ADA) isn’t shy about encouraging dentists to switch to fully electronic claim payments. “Dental practices are leaving a lot of …
HERNDON, Virginia , March 8, 2023 – The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2022 are now available. Among originating financial institutions, the Top 50 handled ACH volume of more than 26.2 billion …
Your sales are humming along, bills and invoices are being sent to customers, and the payments are flowing back to your company—and there are a lot of payments. That’s good news. But, that’s also where Goofus processes may lurk! Remember Goofus and …
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 …
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
Contact: Media Relations With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. There were …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …