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July 7, 2020
As communities begin to recover from the effects of COVID-19, businesses also are starting the long process of returning to normal – slowly, but surely. And there are definitely some lessons learned. The key one, of course, is how to make payments remotely.
For some small and medium-sized…
ACH, ACH Network, Direct Deposit, Direct Payment via ACH
July 6, 2020
When you join Nacha, you’re part of a vibrant collaborative community that is shaping the future of payments. We offer membership options to fit your specific needs — whether you’re a large institutional bank or credit union, a business of any shape or size, state or local government, or a solution…
July 2, 2020
Dr. Amy Adair, a pediatric dentist in Northern Virginia, wrote an opinion piece on why electronic funds transfers (EFTs) for claims payments work well for dentists, especially during the pandemic. It appeared in the American Dental Association's ADA News.
Earlier this year, Nacha did a case…
July 1, 2020
July is the time we take a moment to celebrate America’s independence. While the coronavirus might have ruled out fireworks shows or a trip to the beach, it shouldn’t impede your path to financial independence.
Saving money every payday is the first step, and Direct Deposit is a great way to…
Direct Deposit
June 30, 2020
The Supreme Court ruled in a 5-4 decision (Roberts) that the CFPB’s single-director structure / “for cause” provision is unconstitutional. A separate 7-2 opinion (Roberts, Alito, Kavanaugh) ruled that the removal provision can be severed from the rest of Dodd Frank, which means the CFPB will…
Government Relations News
June 30, 2020
The Supreme Court ruled in a 5-4 decision (Roberts) that the CFPB’s single-director structure / “for cause” provision is unconstitutional. A separate 7-2 opinion (Roberts, Alito, Kavanaugh) ruled that the removal provision can be severed from the rest of Dodd Frank, which means the CFPB will…
Government Relations Policy Updates
June 30, 2020
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June 29, 2020
American workers are not saving enough for their future, which is why we promote “Split Deposit," which is safe and free for employees.
What is Split Deposit?
Split Deposit allows your employees to direct a fixed amount or percentage of their pay into a savings or investment account each pay…
June 29, 2020
Founded in 1989, Lyons Commercial Data, a division of Autoscribe Corporation, is a premier provider of quality U.S. financial institution data including bank routing numbers and other information critical to transaction processing.
Lyons Commercial Data helps processors, financial institutions,…
ACH, ACH Network, Standards & Regulations
June 29, 2020
Nacha Announces Lyons Commercial Data as a Preferred Partner for Routing Number, and Account & Ownership Verification
Lyons Commercial Data is now a Nacha Preferred Partner for Routing Number, and Account and Ownership Verification. In becoming a Preferred Partner, Lyons Commercial Data joins a select group of innovators whose offerings align with Nacha’s strategies to advance the ACH Network.
“Verifying…
ACH, ACH Network, Products and Solutions