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The Same Day ACH per payment limit rises from $100,000 to $1 million on March 18, 2022. Our End-user briefing has helpful information. Click to download the PDF …
The federal government plays a crucial role in the ACH Network, so when it decides to adopt new Nacha Operating Rules, the payments community takes note. On Jan. 3, 2022, the U.S. Treasury did just that, issuing a Final Rule addressing Nacha Rules changes …
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' pay as well as Social Security and veterans’ benefits. To help consumers better understand how it’s used every day, Nacha recently launched …
When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Consulting , formerly Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they …
You wouldn’t set out on a road trip without directions. After all, who wants to go 200 miles west only to discover you were supposed to go 100 miles east? So why would a business set up shop and work hard, without getting directions on the right way to …
HERNDON, Va. , Jan. 22, 2020 – Nacha is partnering with seven members of The Center for Payments to expand the reach of Nacha Certified, a voluntary certification program for Third-Party Senders that enhances the quality of the ACH Network. Under a new …
ORLANDO, Fla.— JP Nicols believes it’s time to “get serious about innovation”—although his definition of innovation might differ from financial institutions’. “It’s not just ‘innovation theater,’” said Nicols, managing director of FinTech Forge. He …
At 36 pages, the criteria for becoming a Nacha Certified Third-Party Sender “is a little daunting when you first look at it.” That’s what Becky Wagner thought—though she’s quick to add that Nacha helped at every step of the way. Wagner is a senior …
ORLANDO, Fla.— “What would your company look like if you created it today?” Tom Goodwin asked that question to make a point. “It’s much easier to build something from scratch than it is to destroy and change what you have,” said Goodwin, head of …