Search
Displaying 1 - 10 of over 69 results for "*"
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 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
June 29, 2020
Founded in 1989, Lyons Commercial Data, a division of Autoscribe Corporation, is a premier provider of quality U.S. financial institution data including bank routing numbers and other information critical to transaction processing.
Lyons Commercial Data helps processors, financial institutions,…
Products and Solutions, Standards & Regulations
March 9, 2020
ACH Operations Bulletin #2-2020: Nacha Issues Reminder on ACH Responsibilities to Financial institutions Potentially Impacted by Coronavirus
EXECUTIVE SUMMARY
Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions.
DISCUSSION
In light of the potential impact of…
ACH, ACH Network, ACH Operations, Nacha Operating Rules, Operations Bulletin
March 3, 2020
When you need a hand from someone at another financial institution, finding that someone can be daunting. But things are about to change.
A new Rule creates the ACH Contact Registry, which opens July 1, 2020. It’s going to make locating the right person a whole lot easier.
“In today’s…
ACH Network, ACH Operations, Nacha Operating Rules
February 19, 2020
Nacha is requesting industry feedback on a set of Rules proposals and other concepts collectively referred to as “Meaningful Modernization.” The deadline has now been extended to May 1, 2020. Learn more about it on our Rules page.
ACH, ACH Network, ACH Operations, Nacha Operating Rules
February 5, 2020
This time, it’s not optional.
On July 1, 2020, the ACH Contact Registry opens for business. Unlike the existing voluntary contact database, participation is mandatory. A new Nacha Operating Rule requires all financial institutions using the ACH Network to register contacts for ACH…
ACH, ACH Network, ACH Operations, Nacha Operating Rules