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HERNDON, Virginia, May 31, 2022 – Nacha announced today the addition of Evolve Bank & Trust as a Nacha Direct Financial Institution Member. Nacha now has 44 Direct Members , consisting of financial institutions and Payments Associations (PAs) that …
With one new Nacha Rule just taking effect last month and two others right behind in September, Nacha has a wealth of new and refreshed materials to help you along. On June 30, Phase Two of Supplementing Data Security Requirements took effect, expanding …
Gateway for On-Demand Payments Education HERNDON, Virginia, Oct. 13, 2022 – Today, Nacha announced the launch of PaymentsIQ by Nacha . This user-friendly online resource allows payments professionals to access more than 100 on-demand courses on topics …
HERNDON, Virginia, Dec.13, 2022 – Nacha's Phixius service announced today that financial institutions and service providers have processed more than 2 million payment-related transactions on the platform this year. Phixius provides for the exchange of …
HERNDON, Virginia, Nov.8, 2022 – Socure is now a Nacha Preferred Partner for Compliance/Risk and Fraud Prevention. In becoming a Preferred Partner, Socure joins a select group of innovators recognized for offering products and services that align with …
In a matter of days, Phase 2 of the Nacha Micro-Entries Rule takes effect. Starting March 17, 2023, Originators of Micro-Entries will have to use commercially reasonable fraud detection. “At a minimum that includes monitoring forward and return volumes …
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 …
Discussing the effects of the COVID-19 pandemic on payments The Payments Innovation Alliance successfully held its first-ever Pop-Up Meeting in August. And in keeping with the interesting times we are now living in, it was – of course – all virtual. More …
Despite Concerns Over Mail Delivery, Overwhelming Majority of Federal Government Payments Continue to be Made On Time
More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit HERNDON, Va., August 19 , 2020 – In recent days, significant concerns have been raised over the delivery of payments from the Social Security Administration and …