Speaking at the fifth annual Federal Reserve Town Hall at Smarter Faster Payments Remote Connect, Mark Gould, the Federal Reserve’s first Chief Payments Executive, said a key objective is collaboration with stakeholders to “improve the payments system broadly, with a focus on the speed, safety, and efficiency of domestic and cross-border payments.”

The last year and a half was turbulent, but through it all the ACH Network delivered for Americans when they needed it most, while also preparing for a strong future, Nacha President and CEO Jane Larimer said.

As digital payments trends settle in and become the norm for B2B transactions, what are the challenges financial institutions and corporates face? Panelists Sanjay Mathew of Oracle Corp., Christine Moy of Onyx by J.P. Morgan, and Alan Ng of Accenture discussed the current payments landscape and how stakeholders can adjust to this new, consistently shifting paradigm.

Payments Remote Connect gives you the best in payments education. From keynotes to the exhibit hall to our lunch and learns and each and every session, we will introduce you to new ideas, inspire you to try new things and motivate you to take the next step – whether in your payments career (to earn or maintain an AAP or APRP) or employing new technologies.

Regulation E and the Nacha Operating Rules each have a 60-day period that applies to unauthorized payments. But in complying with both Reg E and the Nacha Rules, understanding the differences in these periods is important.  

By now you’ve likely seen the ACH Network’s second quarter results for this year. While the 9.9% overall growth rate is proof that the ACH Network is thriving, it doesn’t tell the full story. To do that, you need to take a closer look at some of the numbers that factor in.

While there’s an overwhelming desire to return to pre-pandemic life, some changes to the payments landscape are likely permanent—and that’s a good thing.

Adopting the new APIs will help corporate banking customers better access detailed financial data across banking platforms

It’s called the ACH Contact Registry, but it’s being used for a whole lot more. Learn how a credit union uses the Registry to find contacts at other financial institutions to check on wires.

Meaningful Modernization is coming very soon. Learn more about it in this blog and the accompanying Nacha podcast.

A survey by RMAG found no increase in fraud attributable to the later hours for submitting Same Day ACH payments.

Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments.

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.