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High-quality, relevant CLE from the comfort of your La-Z-Boy Recliner? Or while you work out in your gym? Yes, please! Even better: It's free for lawyers! More than 480 lawyers, compliance professionals, and payment executives tuned in to Nacha’s second …
In a matter of days, Phase 2 of the Nacha Micro-Entries Rule takes effect. Starting March 17, 2023, Originators of Micro-Entries will have to use commercially reasonable fraud detection. “At a minimum that includes monitoring forward and return volumes …
… More Money Per Gift . Monthly gifts from congregants using electronic bank transfers are on average 55% higher than with other payment types. Make Gifting Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …
The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …
Season 2, Episode 3: A Deep Dive into Nacha’s Micro-Entry Rule Amy Morris, Senior Director of ACH Network Rules at Nacha, discusses Nacha's Micro-Entry Rule, what it means, timelines and enforcement, the transactions that are impacted, and what …