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Contact: Media Relations Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study : “The latest update to the Federal Reserve Payments Study highlights the importance …
Treasury and finance payments practitioners and payroll professionals at corporations, larger businesses and governmental organizations (federal, state and local) are big users of ACH payments—from paying bills and employees, to receiving payments for the …
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 …
Florida dentists will soon find it easier to get fee-free EFT claim payments—and reject virtual credit cards (VCCs)—under a new law coming to the Sunshine State. “A health insurer that pays a claim to a dentist through Automated Clearing House transfer …
For more than a decade, Nacha has actively encouraged healthcare providers to move away from checks and receive claim payments by ACH. Since January 2014 the Nacha “CCD+Addenda” has been the healthcare EFT standard designated by the Department of Health …
ACH, wires and cards are words we associate with payments. But metaverse, Web3 and NFTs? “They’re not words that people necessarily correlate to payments. But they should be,” said Angel Grant, Vice President of Security at F5, a multi-cloud application …
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 …
Buy Now, Pay Later (BNPL) has exploded over the past year as a payments method. Although the general concept is not particularly new – buying items “on layaway” was popular for decades after the Great Depression, and installment lending was the most …
Shauna Wesley-Baxley remembers a time when Johnson & Johnson Insurance made all its payments—from vendor and payroll to consumer reimbursements—by check, and she’s not nostalgic for it. “A nightmare between filing and trying to keep track of everything,” …