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Accelitas is now a Nacha Preferred Partner for ACH Account Validation. As a Preferred Partner, Accelitas is a part of a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance …
Nacha today announced that Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, has renewed its Preferred Partner status. Q2 delivers the simple and secure digital experiences account holders expect with the …
HERNDON, Va., March 1, 2022 – Today, Nacha announced it named Modern Treasury as a Preferred Partner for Payment Operations. In becoming a Preferred Partner, Modern Treasury joins a select group of creators and entrepreneurs that Nacha recognizes for …
The holidays are still a few weeks out, but the cause for celebration came a little early for Same Day ACH. During October, the 2 billionth Same Day ACH payment was processed. It’s an impressive milestone for the faster payment method that debuted in …
The ACH Network continued growing in the final quarter of 2022. Payment volume totaled 7.6 billion, up 2.3% from the fourth quarter of 2021. The value of those payments, $19.4 trillion, is a 3% rise. Use of Same Day ACH remained solid following the March …
In a matter of days, Phase 2 of the Nacha Micro-Entries Rule takes effect. Starting March 17, 2023, Originators of Micro-Entries will have to use commercially reasonable fraud detection. “At a minimum that includes monitoring forward and return volumes …
The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …
With just a few simple steps, your organization can start collecting donations with electronic bank transfers. Below are some resources to help you get the necessary information from donors, and we have provided sample scripts and social media posts to …
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