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Nacha’s Afinis Interoperability Standards, a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, announced its new Board of Directors and Board Officers. “Afinis …
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 …
Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, welcomes two new member organizations: Credit Union Financial Exchange and Moov . …
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 …
The future is now – or at least is in the works. Nacha’s new Alliance Project Team kicked off and has designed a plan for the first Faster Payments Professional Certificate. The team is on track to launch the program in early 2022. Nacha announced that …
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 …
In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases. In a recent podcast interview with PaymentsJournal, Nacha’s Michael Herd …