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These changes will amend the Nacha Operating Rules (Rules) to address a variety of minor topics related to Meaningful Modernization, an ACH Operator edit and expiration of stop payments on non-consumer …
The overarching purpose of these two Rules is to deter and prevent, to the extent possible, the improper use of reversals and the harm it can cause. The two Rules explicitly address improper uses of reversals, and improve enforcement capabilities for …
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 …
Join our mailing list to get the latest info on PaymentsIQ by Nacha TM . Subscribe Now Ready to embark on your PaymentsIQ journey? Get started today with a yearly subscription at unbeatable rates. Member: $350 Nonmember: $425 Subscribe Now …
From many organizations shifting to working remotely to a spike in workers changing employers, the last three years have seen dramatic shifts in the American workplace. In the ever-changing workplace environment, employers continue to rely on payroll …
The Payments Innovation Alliance, along with Nacha and the Payments Associations, are on track to launch the first Faster Payments Professional Certificate in 2022. The FPP will allow payments professionals to demonstrate proficiency in the field of …
No one knows payments like Nacha. Nacha Consulting has a wealth of expertise in all types of payments to help your organization develop, support, and manage risk for your payment solutions. If your organization has a specific focus on ACH payment …
Season 2, Episode 3: A Deep Dive into Nacha’s Micro-Entry Rule Amy Morris, Senior Director of ACH Network Rules at Nacha, discusses Nacha's Micro-Entry Rule, what it means, timelines and enforcement, the transactions that are impacted, and what …