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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
December 16, 2020
It was two years ago when Nacha's Payments Innovation Alliance launched the Faster Payments Project Team to play a crucial role in helping organizations gain clarity on faster payments. Its mission was to provide tools to help financial institutions and business end users shape their faster…
Faster Payments
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 15, 2020
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, 2020, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts…
ACH, ACH Network, ACH Operations, Advocacy, Direct Deposit, Direct Payment via ACH, Faster Payments, Legislative and Regulatory
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
August 26, 2020
Phixius, Nacha’s payment information exchange platform, has been selected to present at Finovate on Monday, Sept. 14, at 2.25 p.m. ET. Finovate features demos and presentations on the latest innovations in financial technology.
Nacha technology advisor Peter Tapling will be presenting the…
ACH, ACH Network, Faster Payments, Products and Solutions, Risk Management
July 13, 2020
Afinis Interoperability Standards Adds 17 New Member Organizations to Further Enhance Focus on the Rapid Delivery of APIs
HERNDON, Va., July 13, 2020 – Nacha’s Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, announced today it has added 17 new member organizations.
Afinis brings diverse…
APIs