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Every hour of every day, in corners of the world near and far, the men and women of the United States armed forces are hard at work keeping us safe. That’s why it’s important to pause every Nov. 11—Veterans Day—to remember the sacrifices so many have made …
The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published today titled, “The Expanding Role of ACH in the Era of Faster Payments.” To review the paper, …
The third Same Day ACH processing and settlement window will take effect on Friday, March 19. As of that date, files of Same Day ACH payments may be submitted by an ODFI to its ACH Operator up to two hours later in the day. Are you ready? Same Day ACH …
Most financial institutions are likely familiar with Nacha’s Rules compliance and enforcement mechanisms, which helps keep the ACH Network safe and secure for all parties. But if a bank or credit union believes it suffered financial harm because of a …
Within four days of the Maryland RELIEF Act of 2021 becoming law, the state processed 98% of the payments—nearly two-thirds of which were made by Direct Deposit. How did they do it? In a word, preparation. The RELIEF (Recovery for the Economy, …
Early Warning Services, LLC has returned as a Nacha Preferred Partner for Account Validation. Early Warning values that as a Preferred Partner, they are part of a select group of innovators that Nacha recognizes for offering products and services that …
Using Tech to Tackle Compliance Nacha Consulting's Samantha Carrier, Senior Director Emerging Strategic Initiatives, and Kerry Sellen, Senior Director, Payments & Risk Consultant, recently joined Rohin Tagra, Founder and CEO of Azimuth GRC, to address the …
Nacha recently reported that 2020 was a record-setting year for the ACH Network. For the first time ever, payment volume increased from one year to the next by over 2 billion payments, with a total of nearly 27 billion. To put that figure into …
As Congress has approved another coronavirus relief package, the ACH Network stands ready to deliver Direct Deposits for economic impact payments (EIPs) and unemployment benefits quickly and accurately. Direct Deposit is a proven, fast and secure way to …