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On March 30, the IRS issued initial information regarding the impending “economic impact payments.” Here is a summary of the information from the IRS and some initial guidance from Nacha: • Payments will begin in “the next three weeks,” according to …
Congress passed and on March 27 President Trump signed the CARES Act containing provisions that will deliver over $2 trillion in liquidity to support the economy. The legislation provides for “2020 Recovery Rebates” that will be paid directly to many …
Top Ways the ACH Network Can Help Consumers, Businesses and Government During the National Emergency
During the current national emergency, the ACH Network is operating normally to process payments for consumers, businesses, and government agencies. There are many impacts to daily life and business operations due to the practice of social distancing and …
How Financial Institutions and Payments Associations Can Help Nonprofit Clients During the Coronavirus Outbreak
As social distancing has become necessary of late, and is likely to last a while, nonprofits and especially religious organizations face a serious problem: How to retain donations coming in on a regular basis when religious services and other fundraising …
With the coronavirus pandemic bringing uncertainty and disruption, be assured that the ACH Network, a vital part of America’s economic lifeblood, is operating normally. Direct Deposits are being processed normally. Salaries, Social Security, tax …
You won’t go it alone. Nacha is here to help every step of the way as you become Nacha Certified. Contact us to learn more. For more information on Nacha Certified please complete the …
Some of the best Third-Party Senders have become Nacha Certified. What was involved? How long did it take? Was it worthwhile? Read our case studies. ACI Payments, Inc. provides bill payment services for more than 3,700 billers in the U.S. Learn why they …
For members of the media, if you need to reach our communications department immediately, please email [email protected] or call 703-561-3952. Return to Nacha …
EXECUTIVE SUMMARY The effective date of the new Same Day ACH processing window is deferred by 6 months until March 19, 2021. The Federal Reserve Board of Governors (“Fed Board”) has informed Nacha that it will not be able to provide timely notification of …