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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 …
Laura got a nice promotion upstairs and was replaced by Maggie. Jim is enjoying his days by the pool in Boca, having trained Janet to do his job. And Rebecca is at her new gig across town, with Dave now at her desk. The question is: Are Laura, Jim and …
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 …
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 …
Financial Institutions have been listing ACH contacts in Nacha’s ACH Contact Registry since the platform went live in July 2020. Most banks and credit unions are entering quality data that meets the requirements under the Nacha Operating Rules. That means …
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 …
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.” …