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July 24, 2019
Everyone has a reason for obtaining their AAP, APRP or both. Some want the fame, the fortune and the glory. Others simply want those sought-after letters on their signature. Whatever your reason is, we're glad you're here. Meet a few of our accredited professionals and learn their reason.…
Accreditation, ACH, Nacha Operating Rules, Other Payments Channels, Risk Management, Training
December 29, 2020
Updated December 30, 2020
The IRS and the U.S. Treasury have confirmed that 113 million economic impact payments (EIPs) by ACH are being processed this week, with an effective date of Monday, Jan. 4, 2021. Under the Nacha Rules, RDFIs must make funds available by 9:00 a.m. (RDFI local time…
ACH, Advocacy, Direct Deposit, Direct Payment
October 9, 2020
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 payments. However…
ACH, Advocacy, Direct Deposit, Direct Payment
August 19, 2020
Despite Concerns Over Mail Delivery, Overwhelming Majority of Federal Government Payments Continue to be Made On Time
More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit
HERNDON, Va., August 19, 2020 – In recent days, significant concerns have been raised over the delivery of payments from the Social Security Administration and the Veterans Benefits Administration…
ACH, Advocacy, Direct Deposit, Government Relations News
September 2, 2015
In October, FS-ISAC and the Payments Risk Council are conducting a two-day, table-top exercise that simulates an attack on payment processes. This annual exercise will help internally assess financial institution’s readiness in the event of a cyber attack. Cyber attacks and pervasive…
Training
October 20, 2014
Nacha Announces Enhancements to XML-ACH Remittance Opt-In Program
Through Program, Participants Can Now Send ISO 20022 Remittance Information
XML-ACH Enhancements and other ISO 20022 Topics to Be Addressed at Upcoming Payments Innovation Alliance Meeting
HERNDON, Va., October 20,…
Products and Solutions, International/Cross Border, Opt-in Programs
August 27, 2014
In an effort to evaluate the business case to adopt ISO 20022 payment messages, The Federal Reserve Bank of New York, The Clearing House Payments Company LLC, Nacha – The Electronic Payments Association, and the Accredited Standards Committee X9, Inc., engaged KPMG LLP (KPMG) to conduct an…
Products and Solutions, International/Cross Border, Opt-in Programs