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January 21, 2021
ACH Growth Gets Boost from Stimulus Payments and Shift from Checks
Strong growth continued on the ACH Network in the final quarter of 2020, with 7 billion payments made, an increase of nearly 9% from a year earlier. Combined with data on check payments, the results show the dramatic impact of…
ACH Network, Same Day ACH
January 12, 2021
Moving the modern ACH Network forward to provide users with the best possible experience is one of Nacha’s most important goals. That’s why the ACH Network is always evolving, and this year will be no different.
“2021 is going to be a year full of some great Rules changes, things that help drive…
Same Day ACH
January 7, 2021
Recorded Jan. 7, 2021
Recording access valid until June 30, 2021
Recording access purchases are final
There are six – yes, six! – new Nacha Operating Rule amendments being implemented in 2021. This is NOT the year to miss getting the latest information directly from the source.
From…
ACH Network, NACHA Operating Rules, Same Day ACH, Training
December 14, 2020
File holders, you know who you are, but for those who don’t, allow us to explain.
Sometimes, organizations originating ACH payments use stale or other invalid dates in the “Effective Entry Date” field. Accidents happen, but some do it routinely or have never implemented the capability to…
ACH Network, Same Day ACH
December 9, 2020
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments.
Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here.
We also invite you to watch our video:
ACH, ACH Network, Same Day ACH
November 20, 2020
A big enhancement is coming next year for Same Day ACH, but changes to meet the needs of users are an ongoing process, the chairman of the Nacha Board of Directors told a recent conference of corporate treasury professionals.
“We never stop. We’re always looking at where do we go next,” said Joe…
Same Day ACH
November 9, 2020
Nacha’s Government Relations team has been closely monitoring U.S. election results over the past week. For a summary, read the RFA Election Analysis, prepared for Nacha by Rich, Feuer & Anderson.
Government Relations News, Government Relations Policy Updates
October 20, 2020
The ACH Network had exceptionally strong growth in the third quarter of 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded.
Volume on the ACH Network totaled 6.8 billion payments in the third quarter, a 9% increase from the same period…
ACH Network, Same Day ACH
October 19, 2020
While it might be surprising to realize that Same Day ACH went live more than four years ago, ongoing enhancements to this new ACH Network capability have kept the ACH industry busy.
Following the increase in the Same Day ACH dollar limit this past March, a new Same Day ACH processing…
Same Day ACH
October 14, 2020
Along with panelists from Visa and EY, Nacha's George Throckmorton recently participated in a panel on "Frictionless Finance: Using Data to Accelerate and Connect Businesses" at Sibos 2020, which is a global financial services event organized by SWIFT. The presenters discuss how data "powers…
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