Adopting the new application programming interfaces will help corporate banking customers better access detailed financial data across banking platforms.

Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to inappropriate parties.

As the pandemic winds down, both consumers and merchants are beginning  to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are accepting alternative payment methods.

Naysayers want you to believe there is no hope in preventing or surviving a ransomware attack, so you should just give up now.

Whether your credit union uses the ACH Network a little or a lot, there are rules to be followed and framework requiring compliance and controls.

The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG).  

Although enforcement of the ACH Contact Registry Rule doesn’t begin until Aug. 1, Nacha is already making spot-checks for data quality.

Now is your chance to make a mark on the new Faster Payments Professional certificate. Nacha President and CEO Jane Larimer on what the FPP is and why it's important.

Nacha’s Risk Management Advisory Group has been evaluating potential risk increases and decreases due to Same Day ACH. It has consistently found no justification to fears that Same Day ACH would introduce massive amounts of risk.

Nacha announced today the addition of North American Banking Company as a Nacha Direct Financial Institution Member. Nacha now has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) that collectively represent nearly all financial institutions across the U.S.

With the economic slowdown that resulted from the pandemic, the Nacha Risk Management Advisory Group (RMAG) updated its recommendations for ODFIs on sound business practice on exposure risk management. 

The new Warranty Claims Rule taking effect June 30 establishes specific time periods for RDFIs to make claims based on unauthorized entries and brings the ACH Network in line with other payment systems that have time limits.

Happy Remote Connect Day! Today marks 75 days until Nacha’s Smarter Faster Payments Remote Connect gets underway. The fact that Remote Connect offers the best in payments education is reason itself to celebrate, but Nacha is going one better. 

When it comes to B2B, sometimes processing payments can be a job in and of itself. Moving the money isn’t complicated, but what’s involved before and after a payment is. Those are among the reasons why Nacha created Phixius.

A new Limitation on Warranty Claims Rule takes effect June 30, 2021, and Nacha's General Counsel said a key goal is “to give Originators more certainty on the time they may face claims on entries that they put into the ACH Network."

Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021.

“What is the difference between EFT, ACH and EDI?” We 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 Funds Transfers), but not all EFT payments are ACH. And EDI (Electronic Data Interchange) is a data format, not a payment.

Bringing ACH processing in-house is a major decision for any financial institution. There’s a lot to consider—including things you might not have considered.

July is traditionally when Nacha holds the Payments Institute. Last July was very different. This July will only be slightly different. 

Under the Nacha Operating Rules, information in the ACH Contact Registry must be kept up to date. Is your financial institution's contact info current?