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Direct Deposit is the Clear Choice on Payday, New Survey Finds
When payday rolls around, the overwhelming majority of Americans receive their money by Direct Deposit, new research found. In PayrollOrg’s 2024 Getting Paid in America survey, nearly 92% of respondents said their wages come by Direct Deposit. Paper …
Nacha Releases Top 50 Financial Institution ACH Originators and Receivers for 2022
HERNDON, Virginia , March 8, 2023 – The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2022 are now available.  Among originating financial institutions, the Top 50 handled ACH volume of more than 26.2 billion …
New Nacha Risk Management Portal Tool Helps RDFIs Comply with New Rules on Fighting Fraud
Fraud prevention should be top of mind for all financial institutions. New Nacha Rules taking effect soon are intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred. And a new feature in …
Nacha Welcomes Stronghold as a Preferred Partner
RESTON, Virginia, Aug. 8, 2024 – Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core …
Nacha Announces Visa as Preferred Partner
RESTON, Virginia, Aug. 6, 2024 – Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation. Through Tink, an open banking platform acquired by Visa in …
Nacha Preferred Partner Program Adds Four New Categories
RESTON, Virginia , Aug. 1, 2024 – Four new categories of Nacha Preferred Partners were unveiled today, doubling the number of categories available for organizations to showcase their leadership in the ACH Network. Nacha Preferred Partners offer products …
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Preferred Partner for ACH Experience/Fraud Monitoring/Risk and Fraud Prevention …
Same Day ACH Reaches New Heights as ACH Network Volume Increases
HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported.  There were 8.3 billion ACH payments in …
AFP Survey Finds Major Shift to Electronic B2B Payments
Part One. Read Part Two . Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The …