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Would You Give Us Five Minutes of Your Time? Does your company process electronic payments to pay other businesses or your employees via DirectDeposit? Then it is likely you are processing payments via ACH. We are reaching out to all businesses who …
Business Email Compromise (BEC) and check fraud continued to give U.S. companies major headaches in 2020, a new report from the Association for Financial Professionals (AFP) found. More than three-quarters of organizations were targeted by BEC attacks, …
If you’ve experienced the “joy” of having teenagers matriculating through middle and high school, you’ve no doubt heard the question, “Why do I have to take algebra?” I know with each darling little one of mine, I tried to articulate the importance of …
“What is the difference between EFT, ACH and EDI?” We here at Nacha often get asked this question from business financial teams - even from seasoned financial pros. The quick answer is that all ACH (Automated Clearing House) payments are EFTs (Electronic …
You want more ACH payments from your customers because ACH: Costs less than check and card payments; Requires less labor to process than checks and you can’t increase hires (or have to decrease head count); Clears quickly for improved cash flow; Provides …
For some Americans, the pandemic quickly brought home an unpleasant fact about their savings: they don’t have enough. It’s a subject that gets part of the spotlight each year during America Saves Week , which Nacha is proud to participate in. In 2022, …
Saving Made Easy Many Americans are not saving enough for their future. To help remedy this, Nacha promotes Split Deposit, which is used with Direct Deposit . Split Deposit allows employees to direct a fixed amount or percentage of their pay into a …
It’s a drill that’s been taking place for as long as anyone can remember: Start a new job and on your first day be sure to bring a voided check to set up Direct Deposit. The thing is, this being 2022 not everyone has paper checks, especially young …
Are you looking for detailed information on how to maintain your APRP credential? Download the APRP Guidelines and get examples of eligible activities that eligible for renewal credits, and which are not. You'll also find information about how and when to …