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When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Consulting , formerly Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they …
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' pay as well as Social Security and veterans’ benefits. To help consumers better understand how it’s used every day, Nacha recently launched …
By Richard Oliver & George Warfel Jr. Written by experienced experts from both the private and the government sector, The Story of Payments: How The Industrialization of Trust Created the Modern Payments System tells the story of how payments – between …
The Same Day ACH per payment limit rises from $100,000 to $1 million on March 18, 2022. Our End-user briefing has helpful information. Click to download the PDF …
On March 18, 2022, the per payment limit for Same Day ACH payments climbs to $1 million. This Nacha guidance document will help you prepare. Download …
The IFX standard uses a service-oriented architecture (SOA) framework for interactions between businesses and applications. The framework exposes obvious design patterns, standard abbreviations and common message handling techniques that make it easy to …
EXECUTIVE SUMMARY The March 19, 2021 effective date for the new Same Day ACH processing window is confirmed. DISCUSSION Nacha Rules Ballot #1-2018, Expanding Access to Same Day ACH, provided for the creation of a third, daily Same Day ACH processing …
With paper check use declining and electronic payment methods on the rise, the ACH Network has grown tremendously in recent years. A recent PaymentsJournal podcast unpacked how this growth continued into 2020, even as the pandemic disrupted regular …