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March 18, 2021
Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, welcomes two new member organizations: Credit Union Financial Exchange and Moov.
Current Afinis membership stands at nearly…
APIs
December 18, 2020
These days, most of what businesses and individuals do on the web involves interacting with APIs, or application programming interfaces, which are an essential pillar of many of the online services we have come to rely on.
In the payments and financial services industry, the interoperability of…
APIs
October 26, 2020
Nacha’s Afinis Interoperability Standards will hold a virtual planning meeting on Wednesday, Oct. 28 from 3:00 to 5:00 p.m. ET via GoToMeeting. This will be a working meeting utilizing agile program increment planning to determine the steps for the next Afinis sprints.
Afinis is a…
APIs
October 6, 2020
Not only has Nacha’s Afinis Interoperability Standards released its newest standardized application programming interface (API), but it also has found an early adopter to put it into action.
First, allow me to provide some background: Afinis is a membership-based governance organization that…
APIs
October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’…
ACH, ACH Network, Nacha Operating Rules, Risk & Compliance, Risk Management
September 24, 2020
As technological innovation continues to reshape the payments industry, APIs are becoming a prominent feature of the landscape. But as APIs become a facet in the payments industry, so does the need for API standardization and common practices. Such a framework is necessary for innovation and growth…
APIs
September 17, 2020
Nacha’s Payments Innovation Alliance Releases Two New Resources Focused on Voice Payments and Pandemic-Related Cybersecurity Best Practices
The Alliance’s Project Teams continue to play a crucial role in providing thought leadership on topics impacting the payments space and financial services
HERNDON, Va., Sept. 17, 2020 – In its continued efforts to shape the future of the payments industry and to develop thought leadership…
Innovation, Membership
September 15, 2020
As the coronavirus pandemic endures across the country, the U.S. government turned to Direct Deposit to deliver hundreds of millions of stimulus payments to Americans, not once, not twice but three times.
The IRS reported that under the CARES Act, 122.5 million economic impact payments…
Legislative and Regulatory, ACH, ACH Network, ACH Operations, Advocacy, Direct Deposit, Direct Payment via ACH, Faster Payments
September 1, 2020
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 people, merchants, employers and…
ACH, Other Payments
July 15, 2020
If you are like the rest of us, both your home and professional lives may have experienced some jolts due to the ongoing pandemic. And the payments industry has not been immune either. As business conditions continue to change, now is the perfect time for Alliance members to meet virtually to…
Innovation, Membership