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December 8, 2020
There is no doubt that COVID-19 has impacted the way financial institutions are handling payments and payment controls. Functions once performed in the office—be it a bank branch or back office operation—are now often being handled remotely—quite likely …
December 17, 2020
The Best Places to Work in Virginia is a survey and awards program dedicated to identifying and recognizing the area’s best employers and providing organizations with valuable employee feedback. Nacha has been recognized 2019, 2020 and 2021. …
January 6, 2021
It’s been more than two years since Nacha members approved a new Nacha Operating Rule on account validation for Internet-initiated debits. With the change of the calendar to 2021, the effective date of March 19 is just about upon us. Under today’s Rules, …
January 6, 2021
Nacha has adopted a Rule to provide a new, ubiquitous capability for moving ACH payments faster. The Rule will enable the same-day processing of virtually any ACH payment. This Rule will improve the overall quality of the ACH Network by reducing the …
January 6, 2021
New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort. Beginning September 15, 2017, Same Day ACH is …
January 6, 2021
New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort. Beginning March 16, 2018, RDFIs will be mandated to …
January 6, 2021
These ballots amend the Rules to address a variety of minor topics. Minor changes to the Rules have little-to-no impact on ACH participants and no significant processing or financial …