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ACH Operations Bulletin #3-2019: Amount of Unauthorized Entry Fee Will Remain the Same Through September 2022
EXECUTIVE SUMMARY The rule establishing the current Unauthorized Entry Fee provides that the amount will be re-evaluated every three years, with the initial 3-year period ending on September 30, 2019. The amount of the Unauthorized Entry Fee will remain …
HERNDON, Va. , March 12, 2019 – The ACH Network set a record in February as volume exceeded 100 million ACH payments per banking day—an increase of 7.2 percent over February 2018. In each year there were 19 banking days in the month. Total Network volume …
ACH Operations Bulletin #2-2020: Nacha Issues Reminder on ACH Responsibilities to Financial institutions Potentially Impacted by Coronavirus
EXECUTIVE SUMMARY Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions. DISCUSSION In …
HERNDON, Va., May 28, 2020 – The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster …
Dr. Sara Stuefen is a big fan of EFT payments. She knows they're quick and convenient. And insurance companies that try to make her take a Virtual Credit Card learn this dentist won't stand for it. Download the Success Story …
When Dr. Mark MiHalo first began practicing dentistry, claims had to be mailed in, and then he waited for checks. But with the ease of today's electronic payments, there's no reason to look back. Download the Success …
After closing her practice for seven weeks during the pandemic, Dr. Hope E. Watson was grateful to get back to work, and called electronic claim payments "a blessing." Download the Success …
Doctors are increasingly making the switch to receive electronic claim payments, but for dentists it’s like pulling teeth. The new 2019 CAQH Index , released Jan. 21, estimates that 70% of medical claim payments were made electronically last year. That’s …
The Payments Innovation Alliance, along with Nacha and the Payments Associations, are on track to launch the first Faster Payments Professional Certificate in 2022. The FPP will allow payments professionals to demonstrate proficiency in the field of …