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September 9, 2021
In just five short years, Same Day ACH has gained remarkable traction, with the payments community putting it to work in a number of use cases. To mark the anniversary, Nacha took a closer look at some of those success stories. We invite you to read our case studies to see some of the creative ways…
ACH, Same Day ACH
September 8, 2021
New innovations often come and go. Electric typewriters and adding machines had their day. But some take hold and grow roots. Same Day ACH is a perfect example.
When Same Day ACH got its start in 2016 it was for credits only. In the first six processing days that September there were 1.3 million…
ACH, Same Day ACH
September 1, 2021
Nacha Marks Fifth Anniversary Since Inception of Same Day ACH
With Same Day ACH about to mark its fifth anniversary, new figures from Nacha show astounding growth for this faster payment method.
In the second quarter of 2021, Same Day ACH payment volume was 148.7 million, an increase of 82%…
ACH, Same Day ACH
August 6, 2021
Afinis Interoperability Standards said it has released three new APIs to assist corporate customers of financial institutions with accessing and reviewing their own financial transaction data to better help them with cash management analysis and informed decision-making.
Afinis is a membership-…
APIs
July 28, 2021
Nearly five years ago, shortly after Nacha launched Same Day ACH, its Risk Management Advisory Group (RMAG) conducted a survey. It posed many questions to both Originating Depository Financial Institutions (ODFIs) and Receiving Depository Financial Institutions (RDFIs), including whether any of…
ACH, Same Day ACH
July 27, 2021
Contact: Media Relations
Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments.
The ACH Network processed 7.3 billion payments in the second quarter, 655…
ACH, Same Day ACH
July 12, 2021
The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG).
The extension of Same Day ACH hours began in March 2021,…
Same Day ACH
June 29, 2021
Even before the first phase of Same Day ACH was implemented nearly five years ago in September 2016, Nacha’s Risk Management Advisory Group (RMAG) had been evaluating potential risk increases and decreases due to Same Day ACH. Were the doom and gloom scenarios justified, in which Same Day ACH would…
Same Day ACH, Risk Management
April 15, 2021
Same Day ACH Volume Climbs 90.7%, Passes 1 Billion Milestone
Note: The Same Day ACH numbers were updated Aug. 30, 2021, to reflect additional volume identified by an Operator.
The modern ACH Network saw volume soar in the first quarter of 2021, setting two new records in the process…
ACH, Same Day ACH
April 5, 2021
Same Day ACH payments will be further enhanced with a new $1 million per transaction limit.
Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all eligible Same Day ACH payments, including…
Same Day ACH, ACH