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HERNDON, Virginia, Feb. 22, 2023 – The modern ACH Network safely and efficiently processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which the total …
Regulation E and the Nacha Operating Rules each have a 60-day period that applies to unauthorized payments. But in complying with both Reg E and the Nacha Rules, understanding the differences in these periods is important. Regulation E specifies how and …
What if you enter a highway but before you get to the first toll booth the clock strikes midnight and the rates increase? Which toll would you pay: the one in effect when you got on, or the one in effect when you reach the booth? A very similar question …
Contact: Media Relations Nacha announced today the addition of North American Banking Company as a Nacha Direct Financial Institution Member. Nacha now has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) …
Few things are certain in life, but an upcoming change to the Nacha Operating Rules should make the timing of warranty claims more certain, especially for businesses and other organizations that originate ACH payments. A new Limitation on Warranty Claims …
If it’s been a while since you visited Nacha’s Resource Center for Corporates you should take a look. There’s a lot there you and your customers can use. At the top you’ll immediately spot two new videos, one on how the Nacha Operating Rules are made and …
April is National Volunteer Month and we’d like to recognize each of you who have devoted so much of your time and energy to Afinis Interoperability Standards. It is because of your valuable contributions that this organization is what it is today. Thank …
On June 30, Nacha will implement three new rules: Supplementing Data Security: The existing ACH Security Framework Rule -- including its data protection requirements -- will be supplemented to explicitly require large, non-FI Originators, Third-Party …
Nacha’s Afinis Interoperability Standards, a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, announced its new Board of Directors and Board Officers. “Afinis …