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Account Validation: A Best Practice for Safety and Quality
When it comes to account validation, companies have to get it right. From Nacha Rules compliance to risk issues to the customer experience, there’s a lot to consider.  “We really look at many different types of transactions when we consider account …
ACH Supports Small Businesses
… According to the U.S. Chamber of Commerce , "ACH payment acceptance saves small businesses money while improving customer experiences." Does your business currently take recurring payments? Do a significant proportion of your customers currently pay by …
Advancements in Bank Account Validation Services
Dive into the latest episode of Nacha's "Payments Smartcast" where we discuss the state of bank account validation in the ACH space with Amy Morris, Senior Director, ACH Network Rules at Nacha, and James Cook, VP of Product Management at Accelitas. …
Consumer Payments
Consumer ACH payments include recurring expenses—mortgages, loan payments and utilities, for example—where consumers can authorize a monthly payment and not worry about mailing checks and instead to “just set it and forget it.” Consumers are also finding …
Direct Deposit Benefits Taxpayers
Episode 7: Direct Deposit Benefits Taxpayers On January 24, 2022, the Internal Revenue Service began accepting and processing 2021 tax year returns. Bill Sullivan, Nacha's Senior Director & Group Manager for Government & Industry Relations, sat down with …
Direct Deposit and Direct Payment Benefit Consumers
Electronic Bank Transfers Make Collecting Donations Fast, Safe and Reliable
… More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …
How to Get Consumers to Make More ACH Payments
(L-R) Luis Guzman, Dave Glaser and Serenie Gagon LAS VEGAS —You’re at the online checkout ready to complete your purchase. How do you pay?  For most consumers it’s with a credit card, which leads Dave Glaser to this question: “How do we motivate consumers …
Nacha’s Phixius Service: Meeting Customers’ Account Validation Needs
Season 2, Episode 1: Nacha’s Phixius Service: Meeting Customers’ Account Validation Needs Nacha Rules now require ACH users to include account validation within a commercially reasonably fraudulent transaction detection system for the first use of new …