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ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …
In more than 1,000 landings as a naval aviator, I never once made a gear-up landing. I didn’t take any chances: I used a checklist to prepare for every landing. The checklist was necessary not because lowering the landing gear is difficult to remember. It …
A Busy 2023 Ahead in the Financial World, Policy Experts Tell Nacha’s Government Relations Advisory Group
For any administration, regardless of party, the financial world always puts a lot on your plate. The third year of the Biden administration is no different, and Nacha’s Government Relations Advisory Group (GRAG) recently learned what some of the policy …
A recent Nacha blog article suggested that a checklist approach to payment initiation could help Originators comply with rules and regulations, avoid errors, and reduce fraud. Nacha’s Risk Management Advisory Group (RMAG) believes a similar approach might …
Nacha believes that risk management is central to maintaining a high-quality ACH Network that relies on the trust of each participant. Financial Institutions’ obligations include conducting a risk assessment and implementing a risk management program …
The Payments Innovation Alliance, along with Nacha and the Payments Associations, are on track to launch the first Faster Payments Professional Certificate in 2022. The FPP will allow payments professionals to demonstrate proficiency in the field of …
Everyone has a reason for obtaining their AAP, APRP or both. Some want the fame, the fortune and the glory. Others simply want those sought-after letters on their signature. Whatever your reason is, we're glad you're here. Meet a few of our accredited …
That didn’t take long at all. The ACH Contact Registry opened for business on July 1, and within a matter of days there were success stories to tell. Like when Eric Wester at UMACHA got a call from a member needing help with a missing payroll credit. …
Nacha’s Payments Innovation Alliance and the U.S. Faster Payments Council Launch the Faster Payments Playbook
The inaugural version of the online educational and decisioning platform is designed to help banks and credit unions develop a faster payments strategy MIAMI , Nov. 5, 2019 – Today, Nacha and its Payments Innovation Alliance, jointly with the U.S. Faster …