HERNDON, Va., Feb.

Regulators and the Nacha Operating Rules require all financial institutions to conduct an ACH Compliance Audit annually.

Designed to assist Financial Institutions, both RDFIs and ODFIs, in addressing ACH risk, this workbook covers risk obligations as defined in OCC Bulletin 2006- 39, ACH Risk Management Guidance, the FFIEC Retail Payment Systems IT Examination Handbook and current Nacha Operating Rules.

It’s called “Smarter Faster Payments 2023” for a reason, and this year you’re going to see an emphasis on faster.

The payments field is never stagnant, so there’s no reason why payments education should be. The 2023 TPI On Campus, July 16-19, is moving with the times. Just ask the dean.

ACH, wires and cards are words we associate with payments. But metaverse, Web3 and NFTs?

Nacha filed comments (can we link our letter) on March 10, 2023, in support of the Treasury Department’s efforts to implement a statutory mandate requiring the federal government to deliver non-tax payments by electronic funds transfer (EFT).

A key benefit of Alliance membership is the myriad of opportunities to meet and
collaborate with peers throughout the year. Alliance meetings are vital for networking,

Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

Nacha’s Phixius service announced today that financial institutions and service providers in the Phixius network have utilized the service more than 1 million times so far this year to verify payment-related data.

The next time you visit Nacha’s Risk Management Portal you’ll find several changes which are the direct results of industry input. 

When is a payment a Micro-Entry and when isn't it? With the new Micro-Entry Rule taking effect in September, we take a closer look.

With one new Nacha Rule coming later this month and two others right behind in September, Nacha has a wealth of new and refreshed materials to help you along. 

"There's always something new to learn" in the payments industry, says the 2022 Dean of the Payments Institute, Mary Gilmeister, who shares why it's important for payments professionals to attend.

ACH end users have consistently and constantly asked for higher dollar limits for Same Day ACH payments. In March 2020, the original limit of $25,000 was raised to $100,000. Then, two years later in March 2022, the limit was increased again to $1 million per payment.

Evolve Bank & Trust has become the newest Nacha Direct Member. There are now 44 Nacha Direct Members.

Could FedNow pave the way for more ACH settlement windows? At Smarter Faster Payments 2022 there was discussion about whether FedNow's functionality could be applicable to other Fed services, including ACH.

A new ACH Risk Management Framework is taking shape to help keep the ACH Network safe. One particular focus is fraud involving credits and other push type payments.

Business Email Compromise numbers are down in the newest AFP fraud survey, which also finds checks continue to be most susceptible to fraud.

Nacha President and CEO Jane Larimer takes a closer look at the first quarter 2022 ACH Network results.