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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 …
NASHVILLE, Tennessee —Could FedNow pave the way for more ACH settlement windows? A major stumbling block to expanding ACH hours is that the Federal Reserve’s National Settlement Service (NSS) for interbank settlement closes at the end of the business day …
It’s called “Smarter Faster Payments 2023” for a reason, and this year you’re going to see an emphasis on faster. “The sessions have pivoted to ‘what does faster mean and how do clients engage with it?’” said Joe W. Hussey, Senior Vice President of Global …
… 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 …
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 …
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 …
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 …
If you are a small business and not using ACH to your fullest advantage, this is the place you want to be. ACH can be used to automatically pay your employees or vendors, or get paid. Save everyone you work with the hassle of writing and mailing a check. …