ODFIs are now able to use Nacha's Risk Management Portal to safely provide Letters of Indemnity to RDFIs.

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.

Nacha’s new Third-Party Sender Roles and Responsibilities Rule changes come into effect on September 30, 2022.

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.  

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.

Nacha has named Dan Roth to the position of Senior Director, Communications.

Nacha and many Payment Associations provided comments on the notice of proposed rulemaking (the “Proposed Rule”) regarding the Federal Government Participation in the Automated Clearing House (“ACH”).

With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. 

Business Email Compromise (BEC) is an increasing concern for organizations of all sizes. Learn what to do to avoid becoming a victim.

Nine financial institutions have been fined for Class 2 Rules violations for not entering required information in the ACH Contact Registry.

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.

The APRP exam tests for comprehensive risk management knowledge across all payment types, including check, wire, debit, credit and prepaid cards, emerging and alternative payments, and ACH.

The future is now – or at least is in the works. Nacha’s new Alliance Project Team has kicked off and designed a plan for the first Faster Payments Professional Certificate, which will allow payments professionals to demonstrate proficiency in the field of faster payments. The team is on track to launch the program in early 2022.

As Same Day ACH marks its fifth anniversary, Nacha President and CEO Jane Larimer looks at some milestones and what's ahead.

In the second quarter of 2021, Same Day ACH payment volume was 148.7 million, an increase of 82% over the same time in 2020. Those payments transferred $250 billion, up 115% from a year earlier. 

Like peanut butter and jelly or ice cream and hot fudge, fintechs and financial institutions can be a great pairing. But there’s a lot for both sides to think about when considering a partnership.

It’s expensive to be poor and unbanked. When a population is left out of the financial system, every transaction has to be done in person, which means walking and sometimes for hours, to pay for goods and services. And to move money, i.e. traveling in cash, from the big cities to rural areas is equally costly and even risky.

A panel of end users and practitioners discusses the key features and drivers of the FedNow Service – and whether they tend to adopt the new payments system when available – as well as how new payments rails may have changed their business models.

Payments Remote Connect builds on yesterday’s sessions and we invite you to try out something new by attending one of the lunch and learns that launch today. However, before we meet for lunch, we hope you’ll join us for our keynote address this morning, which touches on the importance – and the power – of perceptions in the workplace, key relationships needed to ensure your success, and the role authenticity plays in being a powerful leader.

L’chaim! Proost! Cheers! However you offer a toast, be sure to bring a glass to raise as you join us tomorrow at 4:30 p.m. ET for the NEACH Payments Group Comedy Show. We’ve got a drink idea to go with the show.