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.

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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 Nacha Operating Rules are changed several times a year on average. The challenge of keeping up led a potential client to Azimuth GRC— and then Azimuth GRC to Nacha Consulting to help build a new offering to meet that need.

On June 30, Nacha will implement three new rules: Reversals and Enforcement, Supplementing Data Security, and Limitation on Warranty Claims.

April is National Volunteer Month and we’d like to recognize each of you who have devoted so much of your time and energy to Afinis Interoperability Standards. It is because of your valuable contributions that this organization is what it is today.

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.

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.

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.

Nacha has approved Nacha Certified status for Bill.com, a leading cloud-based software platform which facilitates ACH payments. 

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.

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.—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.

At 36 pages, the criteria for becoming a Nacha Certified Third-Party Sender “is a little daunting when you first look at it.”

That’s what Becky Wagner thought—though she’s quick to add that Nacha helped at every step of the way. 

The Year in Review Report provides a high-level look at some of the major Afinis accomplishments that took place in 2018.