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HERNDON, Va. , Jan. 22, 2020 – Nacha is partnering with seven members of The Center for Payments to expand the reach of Nacha Certified, a voluntary certification program for Third-Party Senders that enhances the quality of the ACH Network. Under a new …
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 …
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 …
It doesn’t seem that long ago we sent out an email heralding the launch of the ACH Contact Registry. Now we’re at the point where the ACH Contact Registry has been open three months, with another very important milestone literally days away. October 30 is …
In your list of new year’s resolutions, how about one to add your information to the ACH Contact Registry? If you already did, thank you! In fact, at the close of 2020, more than 32,000 contacts had been registered by financial institutions across the …
1. Help Yourself. Someday you’re going to need to find the right person at another financial institution to help you. Registering promptly for the ACH Contact Registry gives you access to all the other FI contacts that have registered. 2. Help Others. …
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 …
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 …
Are you looking for detailed information on how to maintain your AAP credential? Download the AAP Guidelines and get examples of eligible activities that eligible for renewal credits, and which are not. You'll also find information about how and when to …