Displaying 41 - 60 of 79
Tag: Financial Institution
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A new study for Nacha and the Center for Payments takes a closer look at how Same Day ACH is being used and what the payments community would like to see.
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Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans.
“We don’t need special occasions” to use Same Day ACH, Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors, told Smarter Faster Payments 2022.
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Nacha’s Afinis Interoperability Standards announced its new Board of Directors.
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Phase Two of Nacha’s Supplementing Data Security Rule will be implemented June 30, and Third-Party Senders, Third-Party Service Providers, and Originators should be preparing for compliance.
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One of the best weapons in the fight against fraudsters is sharing information. It can also be one of the trickiest issues to navigate, given the many privacy concerns. Nacha’s Risk Management Advisory Group (RMAG) is working to address this.
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Along with all the other spring cleaning you do, it's a fine time to make sure your Financial Institution's entries in the ACH Contact Registry are up-to-date.
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As the date for enforcement draws near, some companies, payment fintechs and financial institutions are actively seeking solutions to comply with the Account Validation Rule. Phixius is one method to both adhere to the Nacha Account Validation Rule and provide a safe and secure way to verify and validate ACH account information.
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Feb. 8 is National AAP Recognition Day, when we recognize the 4,500 payments professionals who have earned this prestigious accreditation.
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Nacha announced today the addition of Webster Bank as a Nacha Direct Member. Nacha has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) that collectively represent nearly all financial institutions across the United States.
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ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.
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A new Nacha Operating Rule affects the way ACH Network participants use Micro-Entries. We take a look at what it means and why you should start preparing now.
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A review of the changes to the Nacha Operating Rules in 2021, and what's coming in 2022.
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ODFIs are now able to use Nacha's Risk Management Portal to safely provide Letters of Indemnity to RDFIs.
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Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.
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Nacha’s new Third-Party Sender Roles and Responsibilities Rule changes come into effect on September 30, 2022.
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In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases.
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Afinis Interoperability Standards released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation.
Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.
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Nacha has named Dan Roth to the position of Senior Director, Communications.
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The vast majority of cryptocurrency companies and platforms are increasingly interested in ACH. While at first glance it might not seem like a natural pairing, the synergy comes into focus for one prime reason: ACH gives a competitive edge.
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Routing numbers can change with mergers and acquisitions, or even be retired when no longer needed. Keeping track of routing numbers and which FIs they belong to can be challenging.