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The Nacha Operating Rules are changed several times a year on average. The challenge of keeping up led a potential client to Azimuth GRC— and then Azimuth GRC to Nacha Consulting to help build a new offering to meet that need. Download Case …
NASHVILLE, Tennessee —The financial industry looks a lot different than when the Federal Reserve opened for business in 1914, and changes keep coming. That has the Fed rethinking some of the ways it operates. “Like many of you we’re watching the payments …
MIAMI BEACH, Fla. —The popularity of ACH is growing, but for companies either dipping a toe in the water or looking to expand ACH use, there’s a lot to consider—and it’s tough to go it alone. “In the last 18 months we’ve definitely seen more players …
International ACH Transactions (IAT) are more common every year, so it’s critical that your financial institution stays up-to-date on secure and efficient IAT processing. For more information return to the dedicated IAT resource center or jump to: …
As electronic payments have grown, so has their use across national borders. To ensure that cross-border payments are both efficient and secure, Nacha worked with the Office of Foreign Assets Control (OFAC) to develop an ACH format that includes …
No one at a financial institution wakes up one morning and decides to start originating ACH payments. There’s a lot that goes into it, as Sunrise Family Credit Union can attest. In fact, their board had long wanted SFCU to become an Originating Depository …
Did you know there’s such a thing as International ACH Transaction, or IAT? There is. In fact, there were nearly 121 million IATs in 2024, both debits and credits, which is impressive, but Nacha believes much greater use can be made of this payment tool. …
As we forge our path into 2025, it can be helpful to take a moment to reflect on recent developments and also consider new, emerging trends. For this edition of Notes from the Field, we are focusing on two main topics: AI and Nacha Rules updates. AI is …
Bringing ACH processing in-house is a major decision for any financial institution. There’s a lot to consider—including things you might not have considered. Kerry Sellen, AAP, APRP, is a Senior Director with Nacha Consulting , which works with clients …