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Life really can—and does—change in the blink of an eye. Not long ago, we created a video that we were excited to share at Smarter Faster Payments 2020. Unfortunately, that wasn’t possible. But at Nacha we’re nothing if not nimble. In fact, Nacha’s Core …
A couple weeks ago, I wrote to inform you that the ACH Network was ready to handle the federal government’s Economic Impact Payments. This has proven to be true, as our ACH Operators and banks and credit unions of all types and sizes have delivered the …
Unprecedented is a good word to describe what we’ve been living through in recent weeks. The challenges facing Americans are unlike anything in recent memory. For so many who find themselves in financial trouble, federal stimulus money can’t come fast …
Top Ways the ACH Network Can Help Consumers, Businesses and Government During the National Emergency
During the current national emergency, the ACH Network is operating normally to process payments for consumers, businesses, and government agencies. There are many impacts to daily life and business operations due to the practice of social distancing and …
How Financial Institutions and Payments Associations Can Help Nonprofit Clients During the Coronavirus Outbreak
As social distancing has become necessary of late, and is likely to last a while, nonprofits and especially religious organizations face a serious problem: How to retain donations coming in on a regular basis when religious services and other fundraising …
Below calls attention to one specific fraud, however, additional threats are others outlined on the page: Current Fraud Threats What is Ransomware? Ransomware is a type of malware that threatens to publish the victim's personal data or perpetually block …
Below calls attention to one specific fraud, however, additional threats are others outlined on the page: Current Fraud Threats What is Business Email Compromise? Business email compromise (BEC) attacks are a form of cybercrime that uses email fraud to …
Below calls attention to one specific fraud, however, additional threats are others outlined on the page: Current Fraud Threats What is a Money Mule? A money mule is someone who transfers or moves illegally acquired money on behalf of someone else. …
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' salaries each payday, as well as Social Security and veterans’ benefits. In fact, a 2022 American Payroll Association survey of some 29,000 …