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Episode 8: Pandemic Payments and the Use of the ACH Network During the COVID-19 pandemic, the U.S. government provided much-needed resources to millions of Americans, including child tax credit payments and economic impact payments. Bill Sullivan, Nacha's …
Episode 7: Direct Deposit Benefits Taxpayers On January 24, 2022, the Internal Revenue Service began accepting and processing 2021 tax year returns. Bill Sullivan, Nacha's Senior Director & Group Manager for Government & Industry Relations, sat down with …
In a matter of days, Phase 2 of the Nacha Micro-Entries Rule takes effect. Starting March 17, 2023, Originators of Micro-Entries will have to use commercially reasonable fraud detection. “At a minimum that includes monitoring forward and return volumes …
High-quality, relevant CLE from the comfort of your La-Z-Boy Recliner? Or while you work out in your gym? Yes, please! Even better: It's free for lawyers! More than 480 lawyers, compliance professionals, and payment executives tuned in to Nacha’s second …
Nacha believes that risk management is central to maintaining a high-quality ACH Network that relies on the trust of each participant. Financial Institutions’ obligations include conducting a risk assessment and implementing a risk management program …
Whether it’s for the ACH Network, education for payments professionals or a host of other things we do, Nacha is always moving forward. There are some very exciting things coming in 2023 and I’d like to take a little time to update you. Same Day ACH is a …
HERNDON, Virginia , Nov 14, 2022 – Following the increase of the Same Day ACH dollar limit to $1 million in March 2022, Nacha and the ACH Operators - the Federal Reserve and The Clearing House - have completed the latest phase in the acceleration of ACH …
In more than 1,000 landings as a naval aviator, I never once made a gear-up landing. I didn’t take any chances: I used a checklist to prepare for every landing. The checklist was necessary not because lowering the landing gear is difficult to remember. It …
Some of Nacha’s top leaders were among those informing and enlightening participants at AFP 2022 in Philadelphia last month. Jane Larimer, Nacha President and CEO, joined Joe W. Hussey, Nacha Board Chair and Senior Vice President, Global Treasury …