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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 …
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 …
Direct Deposit rules on payday. But you don’t have to take our word for it. The American Payroll Association’s annual “Getting Paid In America” survey backs that up. On the question of “How do you receive your pay?” the results were lopsided: 93% of …
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 …
Contact: Media Relations Passing the exam to become an Accredited ACH Professional, or AAP, is a remarkable accomplishment any year. To do it amid a pandemic is especially noteworthy. Which is why today, National AAP Recognition Day, Nacha is proud to …
Trustly (formerly known as PayWithMyBank in the U.S.) is now a Nacha Preferred Partner for Online Banking Payment & Verification. In becoming a Nacha Preferred Partner, Trustly joins a select group of innovators contributing to Nacha’s strategic efforts …
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 …
It’s all well and good to say you’ll save some money next week. The hard part is actually doing it. But having some of your pay automatically go to savings makes things a lot easier. That proposition is at the heart of a new campaign called Wisconsin …
Same Day ACH Volume Grew 192 Percent Over Same Period Last Year HERNDON, Va. , Nov. 1, 2018 – The number of ACH payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase over Q3 2017, according to Nacha. The ACH Network’s …