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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 …
When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Consulting , formerly Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they …
In a recent interview with PaymentsJournal, Nacha’s Jane Larimer discusses how the ACH Network delivered stimulus payments on time. As part of the CARES Act, by the end of August, the government had distributed $270 billion in funds in stimulus …
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 …
Now that you are an AAP, it is important to maintain your credential with continuing education. Below is information on how to maintain your AAP designation, including earning and filing continuing education credits (CEC). When to File The AAP …
Now that you are an APRP, it is important to maintain your credential with continuing education. Below is information on how to maintain your ARPR designation, including earning and filing continuing education credits (CEC). When to File The APRP …
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 …
May has a lot going on, what with Mother’s Day, the NHL playoffs, and Memorial Day. May is also Direct Deposit Month, and while not as beloved as mom, it’s important in its own right. Most Americans know Direct Deposit as the best way to get paid. Your …
Like 8-track tapes and white disco suits, Appendix 8 of the Nacha Operating Rules has faded into history. Many were using it as a guide for ACH audits, which Nacha acknowledged in the title of its recent webinar, “Curing the Appendicitis After Removing …