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Late Night ACH File Delivery for Many Begins Sept. 12
A new late night legend is about to start. But it’s not challenging Colbert, Fallon, Kimmel or SNL.  Late night ACH file deliveries will begin for many financial institutions on Monday, Sept. 12. For others, the new part is Friday night file deliveries …
Network Administration Fees
Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
Nacha Announces New Risk Management Framework for the Era of Credit-Push Fraud
HERNDON, Virginia , Sept. 22, 2022 –Nacha released a report on its latest Risk Management Framework today, providing a new strategy for industry participants in both the ACH Network as well as other payments systems to address new and persistent frauds …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …