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      What is ACH and how does it affect your life? Here’s what you need to know.
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45 results related to "Direct Deposit"
March 9, 2023
Is Your Credit Union Making the Best Use of Technology to Ensure Compliance?
… union is receiving ACH payments for members, including Direct Deposits of wages, Social Security, and tax refunds. You’re …
March 9, 2023
What the Latest ACH Network Volumes Tell Us
… absence will be felt this year.  You can see it in the Direct Deposit volume. While still a healthy 2 billion payments, … payments resulted in a 7.8% year-over-year decline in Direct Deposit volume. But also note that from Q1 of …
March 9, 2023
Strong Growth Continues for ACH Network as Volume Climbs Nearly 10% in Second Quarter of 2021
… realizing the many advantages that come with having claims directly deposited to their accounts,” said Larimer.  The volume of … the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to …
March 9, 2023
Statement on the Passage of the American Rescue Plan Act
… IRS Will Provide Funding for Tens of Millions by Direct Deposit Effective Wednesday, March 17 Updated March 15, … wave of tens of millions of economic impact payments by Direct Deposit will be Wednesday, March 17. This is the date …
March 9, 2023
Simplify Your Financial Life by Using Automatic, Electronic Payments
… electronic payments. Most employers already offer Direct Deposit, which eliminates the need to pick up a paycheck, … either a percentage of your pay or a flat amount and uses Direct Deposit to put it in a savings or investment account. …
May 17, 2023
Same Day ACH Helps Lead ACH Network to Strong First Quarter Growth
… .  Direct Deposit also showed strong growth in the first quarter, … with the end of federal economic impact payments. The Direct Deposit volume of 2.1 billion payments is an increase of …
October 17, 2023
Same Day ACH Growth Helps Lead ACH Network to Solid Third Quarter Results
… claim payments to healthcare providers, up 5.8%, and Direct Deposit, up 2%.  “The ACH Network is, and will continue to be, the backbone of the nation’s payment system, from Direct Deposit of wages to Direct Payment of bills and so …
February 5, 2025
Replacing Paper Checks for Refunds
… the bank, when a refund appears in a day? It’s literally a Direct Deposit, just like on payday. Second, it’s great for your … the rise, a lot riskier. The IRS has done a great job using Direct Deposit for tax refunds. The agency reported that in …
May 28, 2024
Reminder: IRS and State Tax Refund Return Opt-In Programs Open 12 Months a Year
… however, utilization of the subcodes provides better direction to the tax agency when researching the return.   … be returned. These programs allow for agencies to receive direct communications about the questionable tax refunds, … remains. These leads may involve refund checks, Direct Deposits/ACH, refund anticipation loans or checks and …

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