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How many times have you seen something like this happen? You pay your homeowners insurance bill by ACH, but then you move, and the company refunds your balance by check. You return an item you charged to a credit card you don’t use often. After a while, …
It’s a figure that takes a moment to wrap your head around: a 2,556% increase. But that’s just how much healthcare claim payment volume on the ACH Network climbed from 2013 to 2024. New ACH Network figures show there were 510 million ACH claim payments …
On Dec. 16, Nacha issued Operations Bulletin #4-2024 to emphasize the critical importance of maintaining up-to-date routing transit number information. Since issuing the bulletin, Nacha has received reports from financial institutions about adverse …
… Nacha hosts and promotes live and recorded webinars to keep you up to date on the latest in payments. Live webinars may be eligible for AAP/APRP continuing education credits. Recorded webinars are not eligible for continuing education credits. Upcoming …
A new credit-push fraud scheme is being used by fraudsters to target financial institutions and their commercial clients. Nacha’s Risk Management Advisory Group member banks reported seeing the new scheme in November and December 2024. They are taking …
… According to the U.S. Chamber of Commerce , "ACH payment acceptance saves small businesses money while improving customer experiences." Does your business currently take recurring payments? Do a significant proportion of your customers currently pay by …
Nacha supports users having choices in electronic payments – including instant payments (such as FedNow and RTP), credit cards and wire. Electronic payment options can be complementary and give payment system users a choice based on their use case. This …
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 2022 Association for Financial Professionals (AFP) Digital Payments Survey , released Oct. 4, found that just 33% of business-to-business (B2B) payments in the United States and Canada are made by check. Barely a decade ago, in 2013, the figure was …