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      What is ACH and how does it affect your life? Here’s what you need to know.
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29 results related to "Operating Rules 2023"
October 21, 2024
Nacha Announces LexisNexis® Risk Solutions as Preferred Partner for Official Registrar of Routing Numbers
… There were 31.5 billion ACH Network payments made in 2023, valued at $80.1 trillion. Through problem-solving and … and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and …
July 24, 2024
ACH Operations Bulletin #2-2024: Voluntary Formatting Standard for Individual Name Field
… Summary In 2023, Nacha issued a Request for Comment on a proposal to … Individual Name field beyond the requirements of the Nacha Operating Rules. This Operations Bulletin also does not require RDFIs …
June 4, 2024
How Nacha Consulting Helped QuickFee Bring ACH Processing In-House
… it would become significantly more urgent. “Come March of 2023, that’s when the Silicon Valley Bank failed. And we … to do all that is necessary to comply with the ACH Rules, because, as Sellen noted, “A Third-Party Sender, if …
May 7, 2024
Phixius by Nacha Partners with ValidiFI to Enhance Account Validation Coverage
… ecosystem that Phixius supports with standardized APIs and rules."  “As a Nacha Preferred Partner, we are excited to … There were 31.5 billion ACH Network payments made in 2023, valued at $80.1 trillion. Through problem-solving and … and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and …
April 4, 2024
CAQH Updates CORE Healthcare EFT Enrollment Rules to Streamline Claim Payments
… Quality Healthcare (CAQH) owns and manages the CORE Operating Rules. The Healthcare EFT Enrollment Rules were just updated … in Value-based Payments Version SI.1.0 (effective December 2023). CORE Health Care Claims (837) Data Content Rule …
March 18, 2024
Nacha’s Risk Management Portal
… Enforcement on this rule will be effective after March 30, 2023. The Rules define Nested Third-Party Senders as any Third-Party …
February 14, 2024
Nacha Celebrates AAP Professionals on National AAP Recognition Day
… newly-minted AAPs earning their credential by passing the 2023 exam.  They are now among the nearly 4,500 payments … questions on a wide range of subjects, from the Nacha Operating Rules and the ACH Network to regulations in the payments …
December 13, 2023
Risk Management Resources: A 2023 Recap
… participants manage risk. It certainly kept up the pace in 2023. In the end-of-year calm arising from an IT moratorium … articles to help Originators, ODFIs and RDFIs comply with rules and regulations, avoid errors, reduce fraud, and … email newsletter containing the latest information on Nacha Operating Rules. In 2023, the newsletter was reframed as …
September 5, 2023
The Significant Majority of ACH Payments Settle in One Business Day—or Less
… 56% of ACH Network volume in the second quarter of 2023, are settled either the same day or the next banking …

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