You’ve got questions. We’ve got answers. Lots of answers. Four new Nacha Operating Rules take effect later this year, and your preparations should be underway. But questions are inevitable and Nacha is here to help.

It's time to be sure your bank or credit union is registered on the ACH Contact Registry. Enforcement will start Aug. 1.

Nacha President and CEO Jane Larimer with an invitation to attend Smarter Faster Payments Remote Connect this August for the best in payments education, along with great keynotes, an exciting exhibit hall and the fantastic networking opportunities you expect from Payments.

Same Day ACH payments will be further enhanced with a new $1 million per transaction limit. Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all eligible Same Day ACH payments, including credits and debits for both businesses and consumers.

Nacha releases its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020.

It’s anything but a quiet Friday at Nacha. There are some big changes taking effect today (March 19) at the ACH Network: Same Day ACH, Account Validation and economic impact payments.

Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S.

From the beginning in 2016 to the later hours in 2021, how Same Day ACH has seen a major enhancement every year.

Passage of the American Rescue Plan Act of 2021 into law provides relief for tens of millions of Americans. The ACH Network is ready to deliver these relief payments via Direct Deposit, with funds available to people on the day instructed by the IRS.

As the ACH Network grows, part of that growth can be attributed to an increase in consumer payments made via the internet and mobile devices. With that growth comes a need to ensure account information is accurate before ACH debits are originated. It's one reason why Nacha is implementing the Supplementing Fraud Detection Standards for WEB Debits Rule – often called the Account Validation Rule

By Richard Oliver & George Warfel Jr.

Publication Preview

Faster Payments 101 is a necessary precursor to the Faster Payments Playbook, currently under development by the Alliance, which will assist organizations – both financial institutions and business end users – in determining which solutions may be best for them and/or their customers and how best

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.

The inaugural version of the online educational and decisioning platform is designed to help banks and credit unions develop a faster payments strategy.

As a general rule, faster is better. After all, who doesn’t like less traffic, or a plane that lands early? By the same token, who wouldn’t want to get their money quicker? That’s why there’s a lot to like about the new rule making ACH credits available in bank accounts sooner.  

Sept. 13, 2019 Nacha Statement

ORLANDO, Fla.—Think you’ve got a handle on Business Email Compromise (BEC)? Maybe think again.

ORLANDO, Fla.—Alexa, pay the electric bill. That’s an increasingly common request—along with the water, gas, and who knows how many other bills. As convenient as it is for consumers, it’s raising new questions for ACH Network participants.

ORLANDO, Fla.—Jane Larimer never tires of telling people “the ACH Network is thriving” and for good reason: “Because it is.” Even as new payment methods emerge, Larimer believes ACH will have a place at the table. “There’s room and opportunity for all payments,” Larimer, Nacha’s chief operating officer, told a Smarter. Faster. Payments 2019 session on the future of the ACH Network. 

ORLANDO, Fla.—JP Nicols believes it’s time to “get serious about innovation”—although his definition of innovation might differ from financial institutions’. “It’s not just ‘innovation theater,’” said Nicols, managing director of FinTech Forge. Nor is it “the fintech petting zoo.”