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RESTON, Virginia , Oct. 17, 2024 – Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed. There were 355.2 million Same Day ACH payments in the …
Nacha Wants to Hear from You on Rules Proposals and New Ideas on Same Day ACH and Other 'Faster ACH' Topics
Same Day ACH has been live since September 2016 and since its debut Nacha has consistently made enhancements to meet the needs of ACH end users. Nacha now has a proposal to better serve Same Day ACH customers in the West, plus a proposed change that would …
New Rules to Reduce Successful Fraud Attempts and Assist Fund Recovery Now in Effect. Here’s What they Mean for Your FI
Reducing successful credit-push frauds—and improving funds recovery—is something all financial institutions should be doing. A package of Nacha Rule changes to help in those efforts went into effect Oct. 1. Several of the new rules are really an …
HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH payments in the first quarter. The …
MIAMI BEACH, Fla. —Records are made to be broken, and that’s especially true when it comes to ACH. Both standard ACH and Same Day ACH are seeing tremendous growth. Where the latter is concerned, “About every three or four months we hit a new peak record,” …
This Rule defines and standardizes practices and formatting of Micro-Entries, which are used by some ACH Originators as a method of account validation. The term Micro-Entry is defined, and Originators are required to use the standard Company and …
Have you checked out Nacha's new, improved Risk Management Portal ? When you visit the Portal, many of the changes you’ll see are the direct result of input from folks like yourself who use the Portal. One of the biggest upgrades is a new left sidebar …
Laura got a nice promotion upstairs and was replaced by Maggie. Jim is enjoying his days by the pool in Boca, having trained Janet to do his job. And Rebecca is at her new gig across town, with Dave now at her desk. The question is: Are Laura, Jim and …
An industry resource – the ACH Contact Registry - was created for financial institutions to be able to more easily connect with other financial institutions about ACH operations, exceptions and risk management. In order for the ACH Contact Registry to be …