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This ACH Operations Bulletin advises Originating Depository Financial Institutions (ODFIs) and other ACH participants of an amendment to the Nacha Operating Rules regarding the warranty an ODFI makes for an Outbound IAT Entry. This Bulletin is being …
ACH Operations Bulletin #2-2022: Additional Late Night ACH File Deliveries to Start in September 2022
Beginning in mid-September 2022, the ACH Operators - the Federal Reserve and The Clearing House - will implement additional late-night deliveries of ACH files to all Receiving Depository Financial Institutions (RDFIs). Both ACH Operators will …
NASHVILLE, Tennessee —Sustainers are the lifeblood of most nonprofits, and Nacha’s research shows an opportunity to convert regular donors to sustaining donors using ACH. “But what we found was that only 25% of donors are using ACH for their recurring …
ACH, wires and cards are words we associate with payments. But metaverse, Web3 and NFTs? “They’re not words that people necessarily correlate to payments. But they should be,” said Angel Grant, Vice President of Security at F5, a multi-cloud application …
$484.85 billion. That’s how much Americans donated to charity in 2021, according to Giving USA. Of that total, 67%—nearly $327 billion—came from individuals. Now imagine the impact that could make if more of those donations were made by ACH. It’s a lofty …
Contact: Media Relations Learn More: Nonprofit Toolkit Nonprofits large and small will benefit by using Nacha’s newly updated Nonprofit Toolkit to encourage donations by electronic bank transfer via the ACH Network. The completely redesigned Toolkit, …
Spring cleaning shouldn’t be limited to the basement and garage. When was the last time you checked your bank or credit union’s entries in the ACH Contact Registry? Now is a good time to go in and look at the contacts you have listed. “Changes to staff …
So many things that we need to sign today we can handle online. Nacha’s Risk Management Portal is now making it happen for Letters of Indemnity (LOIs). As of Feb. 28, 2022, Originating Depository Financial Institutions (ODFIs) are able to use the Portal …
You asked. We listened. Enhancements made! The next time you visit Nacha’s Risk Management Portal you’ll find several changes which are the direct results of industry input. It starts right at the login page. If you get an error message it now includes …