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RESTON, Virginia , Jan. 30, 2025 – Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark, with more than 1.2 billion payments for the …
As we forge our path into 2025, it can be helpful to take a moment to reflect on recent developments and also consider new, emerging trends. For this edition of Notes from the Field, we are focusing on two main topics: AI and Nacha Rules updates. AI is …
Dentists are flocking to electronic funds transfer (EFT) for claim payments, with a new report finding a 43% jump in those payments from 2022 to 2023. There were 278 million EFT dental claim payments in 2023, up from 194 million a year earlier, according …
Season 3, Episode 4: Nacha Members Climb Capitol Hill Bill Sullivan, Nacha's Senior Director and Group Manager for Government and Industry Relations, and Jeremy Pritchard, Director of Client Consulting for Treasury Services at Cadence Bank, talk about …
Season 3, Episode 5: The Handbook for Understanding ACH Risk Management The 8th Edition of the ACH Risk Management Handbook is available in the Nacha Store as well as from the Payments Associations. Angi Farren, President and CEO of the Upper Midwest ACH …
In this episode of Nacha’s Payments SmartCast, Shauna Wesley-Baxley from Johnson & Johnson Insurance discusses transitioning from checks to ACH payments, enhancing efficiency and client satisfaction. Brad Smith from Nacha highlights the benefits of ACH , …
The Nacha Rules require financial institutions and Third-Party Senders (TPSs) to conduct Rules Compliance Audits and risk assessments of their ACH activities. The Rules also state an ODFI is responsible for all Entries originated through the ODFI, whether …
How many times have you seen something like this happen? You pay your homeowners insurance bill by ACH, but then you move, and the company refunds your balance by check. You return an item you charged to a credit card you don’t use often. After a while, …