Displaying 1 - 19 of 19

Tag: ODFI

Product April 10, 2021

There is no question or doubt in anyone’s mind that COVID-19 has changed our payment behaviors.

Product April 1, 2021

Buy All Three and Save 10%

Product March 20, 2021

Updated for Same Day ACH! This product, in Microsoft Word, provides a modifiable and Nacha-compliant template for defining the responsibilities of Originators.

Product March 4, 2021

Recorded March 4, 2021
Recording access valid until Sept. 30, 2021
Recording access purchases are final

Product January 7, 2021

Recorded Jan. 7, 2021
Recording access valid until June 30, 2021
Recording access purchases are final

Article August 26, 2020
​​​​​​​Phixius, Nacha’s payment information exchange platform, has been selected to present Phixius at Finova, which features demos and presentations on the latest innovations in financial technology.
Article September 20, 2019
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.  
Article June 25, 2019
Payroll impersonation and redirection fraud is a fact of life today, but Nacha has a new way to help fight it: The Payroll Credit formatting standard for ACH payroll files.
Article May 20, 2019
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. 
Article May 15, 2019
ORLANDO, Fla.—ACH is, and will remain, a vital part of the nation’s payment system, a senior Federal Reserve official told a Nacha conference. “We still expect the ACH Network to continue to be part of the backbone of the U.S. payment system. At the Federal Reserve we are still committed to that,” said Nell Campbell-Drake, vice president of the Federal Reserve Bank of Atlanta.
Resource April 10, 2019

Enhancements are coming to Same Day ACH. This resource will help Originating Depository Financial Institutions (ODFIs) prepare. It is a two page PDF.

Resource February 19, 2019

HERNDON, Va., February 19, 2019 – 2018 was a milestone year for the ACH Network. Payment volume climbed by almost 1.5 billion payments, the fourth straight year the ACH Network has added more than 1 billion new payments. 

Resource January 29, 2019

HERNDON, Va., January 29, 2019 – ACH Network volume saw its biggest quarterly growth in more than a decade during the fourth quarter of 2018. Same Day ACH payments also passed a significant milestone.

Resource November 1, 2018

HERNDON, Va., Nov. 1, 2018 – The number of ACH payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase over Q3 2017, according to NACHA.

Product April 25, 2018

Buy All Three and Save 10%

Product January 2, 2016

A complete 15-card set includes 13 SEC Codes: PPD, TEL, CCD, CTX, WEB [Credit], WEB [Debit], ARC, BOC, POP, POS, RCK, CIE, IAT. These durable desktop reference cards contain the most up-to-date details pertaining to the specific rules unique to each SEC Code.