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In October, Nacha and the Global Resilience Federation (GRF) published a joint paper titled “Enhancing Operational Resilience for ACH Network Participants.” Now GRF, in consultation with Nacha, has developed a free tabletop exercise in which organizations …
ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception
HERNDON, Virginia , Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the year was up 4.8% from 2022 …
ACH Network Sees Strong Start to 2025; Volume and Value Increases for Both Standard and Same Day ACH
RESTON, Virginia , April 23, 2025 – The ACH Network began 2025 with impressive gains in both standard and Same Day ACH during the first quarter. ACH payment volume rose 4.2% to 8.5 billion. The value of those payments was $22.1 trillion, up $1.4 trillion, …
NEW ORLEANS —You wouldn’t find Pepsi working with Coke, but when it comes to the two ACH Operators, it’s a very different story. “It’s always interesting to have your only competitor be also your biggest partner,” said Jason Carone, Senior Vice President, …
NEW ORLEANS —Jordan Bennett was working at the Federal Reserve when Hurricane Katrina slammed the Gulf Coast, and he remembers banks needing their ACH files as lines of communication were cut. “We had to figure out on the fly how we were going to do it. …
The number of businesses using both standard and Same Day ACH grew significantly from 2023 to 2024, a new Federal Reserve report found. The Federal Reserve Financial Services’ 2024 Business Payments Study asked businesses about the methods they used to …
Summary A Nacha Request for Information in 2024 asked, “As an RDFI, do you currently return any entries using the same-day windows?” Only 59% of respondents said they use Same Day ACH processing windows to send any returns. Of those that do, 45% use …
Every day across the U.S., lots of healthcare professionals receive lots of insurance payments, and new Nacha research shows there’s one common thread. “Nobody likes checks. That’s what we heard. As a payment mechanism, they’re the least efficient, most …