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Even before the first phase of Same Day ACH was implemented nearly five years ago in September 2016, Nacha’s Risk Management Advisory Group (RMAG) had been evaluating potential risk increases and decreases due to Same Day ACH. Were the doom and gloom …
Ground floor opportunities don’t come around often, but this is one that payments professionals should seriously consider. The Faster Payments Professional certificate, or FPP, is a unique new program being crafted to meet today’s needs, and we’d like …
After giving Uncle Sam a loan out of your pay it’s nice to get a tax refund. And so much the better when it arrives quickly and is immediately available to use. Direct Deposit accomplishes that, and new stats show it’s being used by more Americans this …
Go to tool. Tool Helps FIs Understand Role as Intermediary When a transaction involves the use of a payment intermediary (e.g., a Third-Party Service Provider that performs some aspect of payment processing on behalf of a client), those ACH roles may not …
Nacha has approved Nacha Certified status for Bill.com (NYSE: BILL), a leading cloud-based software platform which facilitates ACH payments. Nacha Certified is a voluntary program for Third-Party Senders in the ACH Network, such as Bill.com. By meeting …
Nacha to Recognize More Than 570 Accredited Payments Risk Professionals During National APRP Recognition Day on Sept. 21
Contact: Media Relations In honor of National APRP Recognition Day, Nacha will recognize 125 newly credentialed Accredited Payments Risk Professionals who passed the 2021 APRP exam, bringing the total number of professionals who currently hold the …
New Financial Institutions (FIs) get new routing numbers (a unique nine digit identifier designating U.S. FIs and used for routing ACH transactions). Established FIs can get new or additional routing numbers. Routing numbers can change with mergers and …
When Nacha set out to revamp its Nonprofit Toolkit , the goal was to make it as helpful as possible for nonprofits looking to start or enhance a donation program using electronic bank transfer (ACH). An expert in the field of charitable giving is …
2021 is shaping up to be a banner year for healthcare volume on the ACH Network, as medical and dental providers increasingly recognize the advantages of electronic claim payments. “There were 361 million healthcare EFTs through the ACH Network through …