Displaying 1 - 10 of over 21 results for "*"
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
September 17, 2020
Nacha’s Payments Innovation Alliance Releases Two New Resources Focused on Voice Payments and Pandemic-Related Cybersecurity Best Practices
The Alliance’s Project Teams continue to play a crucial role in providing thought leadership on topics impacting the payments space and financial services
HERNDON, Va., Sept. 17, 2020 – In its continued efforts to shape the future of the payments industry and to develop thought leadership…
Membership, Products and Solutions
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
July 15, 2020
If you are like the rest of us, both your home and professional lives may have experienced some jolts due to the ongoing pandemic. And the payments industry has not been immune either. As business conditions continue to change, now is the perfect time for Alliance members to meet virtually to…
Products and Solutions, Membership
September 30, 2019
Nacha today announced the addition of Synovus as a Direct Financial Institution Member. Nacha’s Direct Members now consist of 32 financial institutions and 11 Payments Associations (PAs) that jointly represent approximately 11,000 financial institutions across the U.S.
“On behalf of Nacha and…
Membership
January 24, 2019
Nacha is pleased to announce that its Board has elected the following Directors to serve as Officers for 2019-2020:
Laura Lee Orcutt, AAP, Executive Vice President, Head of Product Treasury Management, Wells Fargo, Chairperson
James M. Morrell, President & Chief Executive Officer,…
Membership, Nacha Governance
December 12, 2018
The Nacha Board Nominating Committee is pleased to recognize seven individuals who will begin terms as Nacha Directors effective Jan. 1, 2019. These individuals include current Directors returning to the Board for another term as well as individuals who are new to the Nacha Board of Directors…
Membership, Nacha Governance
December 5, 2018
Interim Board, consisting of 11 organizations representative of the diverse financial services industry, will guide strategic direction of the new member-led organization
HERNDON, Va., Dec. 5, 2018 – Afinis Interoperability Standards announced that it has named its Interim Governing Board.…
APIs, Membership, Standards
September 4, 2018
New membership organization rapidly delivers APIs and other financial services standards for widespread adoption and to accelerate innovation
HERNDON, Va., Sept. 5, 2018 – Afinis is a membership-based standards organization that brings together diverse collaborators – through innovative and…
Products and Solutions, Membership, Nacha Governance, Standards