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May 12, 2022
The ACH Network continues to thrive. Some may look at the ACH Network’s first quarter results this year, jump to conclusions and miss the complex and nuanced story. That story deserves a closer look.
Payment volume on the ACH Network rose 2.2% from Q1 of 2021 to Q1 of 2022. If you don’t consider…
ACH, Same Day ACH
May 12, 2022
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) payments and the increase to the Same Day ACH…
ACH, Same Day ACH
May 10, 2022
NASHVILLE, Tennessee—Presidents typically stand before Congress and proclaim the state of the union to be strong. Michael Herd was looking for a different adjective to describe the ACH State of the Union and came up with the perfect fit: “historic.”
Ample proof of that was highlighted during a…
ACH, Same Day ACH
May 10, 2022
NASHVILLE, Tennessee—Same Day ACH only turned five last September, and as Michael Herd, Nacha Senior Vice President, ACH Network Administration, noted, that means “it’s still early.” After all, he said, from the time the ACH Network began “it took about 20 years to get to a billion payments a year…
ACH, Same Day ACH
May 3, 2022
NASHVILLE, Tennessee—Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans.
“We don’t need special occasions” to use Same Day ACH, said Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors.
“What we’ve seen…
ACH, Same Day ACH
May 1, 2022
Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.
The Rules include the legal framework for the ACH Network, and the basic obligations of each ACH Network…
Accreditation, ACH, Nacha Operating Rules
March 20, 2022
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Annual subscription access: December 2021 – December 2022
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This interactive website provides access to both the full Nacha Operating Rules & Nacha Operating Guidelines, as well as any potential supplement details. The…
Nacha Operating Rules, Risk Management
March 18, 2022
HERNDON, Va., March 18, 2022 – Same Day ACH enters a new era today as the per payment limit increases to $1 million.
“The growth of Same Day ACH in just over five years has been phenomenal as the payments community has welcomed this faster payment method,” said Jane Larimer, Nacha…
Same Day ACH
March 7, 2022
As users of the ACH Network contemplate data quality, risk and compliance strategies, they should be aware that on March 18, 2022, Nacha’s ACH WEB Debit “Account Validation Rule” becomes enforceable. The rule requires that the first use of an account number, or account number changes, be…
Products and Solutions, Risk Management, Rules Compliance
March 2, 2022
On March 18, 2022, the per payment limit for Same Day ACH payments climbs to $1 million. This Nacha guidance document will help you prepare.
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ACH, Same Day ACH