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The ACH Network continues to thrive. Some may look at the ACH Network’s first quarter results this year, jump to conclusions and miss the complex and nuanced story. That story deserves a closer look. Payment volume on the ACH Network rose 2.2% from Q1 of …
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 …
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,” …
Business-to-business check payments have plummeted over the past two decades, new research shows. In 2004, 81% of B2B payments involved paper checks, according to that year’s Association for Financial Professionals (AFP) Digital Payments Survey. Fast …
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 …
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 …
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 …
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 …
NEW ORLEANS —A mom-and-pop restaurant is way different from a neighborhood lawn care company, which has little in common with the one-person consulting firm. Yet as Peter Tapling notes, “We tend to paint small business with a broad brush,” no matter how …