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HERNDON, Va., Jan. 13, 2020 – Nacha has been named one of the Best Places to Work in Virginia for a second consecutive year. The annual list was created by Virginia Business Magazine and Best Companies Group. This statewide survey and awards program is …
“Third-Party Senders and the ACH Network”: The Most Up-to-Date Rules and Scenarios for Third Parties and Financial Institutions
Third parties are an important partner in the ACH Network, providing access to millions of Originators. To ensure they have the latest information, Rules updates, and risk management guidance, Nacha just released the fourth edition of “Third-Party Senders …
The Nacha Operating Rules are the foundation for every ACH payment. By defining the roles and responsibilities of financial institutions and establishing clear guidelines for each Network participant, the Rules ensure that millions of payments occur …
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' salaries each payday, as well as Social Security and veterans’ benefits. In fact, a 2022 American Payroll Association survey of some 29,000 …
The comments are designed to help Treasury create a report on the future of money and payment systems that was requested in President Biden’s Digital Asset Executive Order on March 9, 2022. The comments reiterated Nacha’s position that digital assets …
Urges Fed to Expand Services for Interbank Settlement for all Payment Systems Nacha filed comments on Aug. 2, 2021, with Board of Governors of the Federal Reserve System on the Fed’s proposal, “Potential Modifications to the Federal Reserve Policy on …
The Nacha Operating Rules are the foundation for every ACH payment. By defining the roles and responsibilities of financial institutions and establishing clear guidelines for each Network participant, the Rules ensure that millions of payments occur …
How Financial Institutions and Payments Associations Can Help Nonprofit Clients During the Coronavirus Outbreak
As social distancing has become necessary of late, and is likely to last a while, nonprofits and especially religious organizations face a serious problem: How to retain donations coming in on a regular basis when religious services and other fundraising …
Life really can—and does—change in the blink of an eye. Not long ago, we created a video that we were excited to share at Smarter Faster Payments 2020. Unfortunately, that wasn’t possible. But at Nacha we’re nothing if not nimble. In fact, Nacha’s Core …