1431 results related to "*"
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments. Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here . We also invite …
HERNDON, Va. , April 9, 2020 – The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2019 are now available. Among originating financial institutions, the Top 50 handled ACH volume of nearly 21.3 billion …
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 …
New Year’s Day 2021 brings with it a change to the Nacha Operating Rules. If you haven’t already, the time to familiarize yourself is now. The new Rule defines an “egregious violation” as a willful or reckless action by a Financial Institution, …
Did you finally clear out your inbox from Giving Tuesday? Congratulations. And if you helped a cause or two that’s near and dear to your heart, good on you! But now’s a great time to take the next step and help those charitable organizations make the …
Editor’s Note: This is the second in a two-part series on an upcoming enhancement to Same Day ACH. On March 20, 2020, the dollar amount limit per payment increases from $25,000 to $100,000. Today we look at what Originating Depository Financial …
Direct Deposit rules on payday. But you don’t have to take our word for it. The American Payroll Association’s annual “Getting Paid In America” survey backs that up. On the question of “How do you receive your pay?” the results were lopsided: 93% of …
Nacha recently made a significant rule change to further enhance Same Day ACH , its own faster payments solution. Now, the per-payment dollar limit for same-day payments is now $100,000, up from $25,000. In a recent podcast interview with …