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This rule is intended to improve ACH Network quality by reducing the incidence of ACH debits that are returned as unauthorized. Under this Rule, an ODFI will pay a fee to the RDFI for each ACH debit that is returned as unauthorized (return reason codes …
The Nacha Operating Rules are the foundation for every ACH payment. By defining the roles and responsibilities of financial institutions and establishing clear guidelines for each Network participant, the Rules ensure that millions of payments occur …
“Third-Party Senders and the ACH Network”: The Most Up-to-Date Rules and Scenarios for Third Parties and Financial Institutions
Third parties are an important partner in the ACH Network, providing access to millions of Originators. To ensure they have the latest information, Rules updates, and risk management guidance, Nacha just released the fourth edition of “Third-Party Senders …
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Sponsorship opportunities at Alliance Meetings. Review the prospectus to select options, or create something unique with the Alliance …
HERNDON, Va., Jan. 13, 2020 – Nacha has been named one of the Best Places to Work in Virginia for a second consecutive year. The annual list was created by Virginia Business Magazine and Best Companies Group. This statewide survey and awards program is …
Nacha to Recognize Over 360 Accredited Payments Risk Professionals During National APRP Recognition Day on Sept. 15
HERNDON, Va., Sept. 15, 2020 – In honor of National APRP Recognition Day, which is commemorated annually on the third Tuesday of September, Nacha will recognize over 360 Accredited Payments Risk Professionals. The APRP exam tests for comprehensive risk …
Nacha’s Payments Innovation Alliance and the U.S. Faster Payments Council Launch the Faster Payments Playbook
The inaugural version of the online educational and decisioning platform is designed to help banks and credit unions develop a faster payments strategy MIAMI , Nov. 5, 2019 – Today, Nacha and its Payments Innovation Alliance, jointly with the U.S. Faster …