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Even before the first phase of Same Day ACH was implemented nearly five years ago in September 2016, Nacha’s Risk Management Advisory Group (RMAG) had been evaluating potential risk increases and decreases due to Same Day ACH. Were the doom and gloom …
Nacha Launches New Unemployment Benefits Return Opt-In Program for Recovery of Partial and Full Amounts
Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to …
Nearly five years ago, shortly after Nacha launched Same Day ACH, its Risk Management Advisory Group (RMAG) conducted a survey. It posed many questions to both Originating Depository Financial Institutions (ODFIs) and Receiving Depository Financial …
LAS VEGAS, April 19, 2023 – Nacha announced its 2023 Pay-Me Award Honorees during the Payments Connection Ceremony at its annual Smarter Faster Payments Conference. These movie-themed awards recognize some of the innovative solution providers that help …
Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: “Nacha congratulates the Federal Reserve on the launch of FedNow. It is a significant …
Today, the U.S. Internal Revenue Service (IRS) sent over 430,000 Advance Child Tax Credit (ACTC) payments by Same Day ACH to quickly and securely reach the majority of families that had received ACTC payments in July and August but didn’t receive their …
For some Americans, the pandemic quickly brought home an unpleasant fact about their savings: they don’t have enough. It’s a subject that gets part of the spotlight each year during America Saves Week , which Nacha is proud to participate in. In 2022, …
Contact: Media Relations Today, Nacha’s Payments Innovation Alliance Conversational Payments and the Cybersecurity Response (CPCR) Project Team released “Unwrapping Smart Speakers,” an online guide with simple steps for consumers to protect their privacy …
HERNDON, Va., April 22, 2022 - Nacha’s Afinis Interoperability Standards, a membership-based organization focusing on the rapid delivery of application programming interfaces (APIs) and other financial services standards across the United States, …