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Tag: ACH

Product November 19, 2020

Recorded Nov. 19, 2020
Recording access valid until May 31, 2021
Recording access purchases are final

Time to get excited! New Nacha Operating Rules amendments are coming in 2021!

Article November 4, 2020
Every hour of every day, in corners of the world near and far, the men and women of the United States armed forces are hard at work keeping us safe. That’s why it’s important to pause every Nov. 11—Veterans Day—to remember the sacrifices so many have made for the rest of us.
Event October 30, 2020

This complimentary Blackbaud webinar addresses adding a new payment option or more aggressively promoting an existing payment option to improve donor retention and increase sustaining donations. Simply using ACH Payments can help accomplish that.

Article October 29, 2020
Help us spread the word on social media that Direct Deposit delivers using sample posts for Twitter, Facebook and LInkedIn. #DirectDepositDelievers
Article October 19, 2020

Approximately six months ago, Nacha issued several ACH Operations Bulletins and Frequently Asked Questions announcing relief from a variety of requirements of the Nacha Operating Rules due to the impact of the coronavirus pandemic.

Article October 9, 2020
The criticism that the speed of the ACH Network slowed down stimulus payments, misguided as it is, misses the fact that the rail performed extraordinarily well. In a single day, the ACH Network supported 81 million payments without issue, in addition to its regular payment volumes.
Article October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’s consumers, businesses and other organizations.
Article September 30, 2020
October 30 is the deadline for financial institutions to enter required information in the ACH Contact Registry. Now is the time to get this done and be in compliance with the Nacha Operating Rules.
Basic page September 28, 2020

Meeting Details

The Payments Innovation Alliance will meet virtually for its fall member meeting on Nov.

Basic page September 22, 2020
Transit services can use ACH Payments to reduce costs and involuntary churn.
Article September 20, 2020
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks to Direct Deposit.
Article September 18, 2020
When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they want anything tied to payments to be moved to all digital.
Article September 16, 2020
As part of Nacha’s efforts to educate more corporate end users on the ACH Network and upcoming Rule changes, Nacha is offering two free webinars to corporate end-users. The webinars are limited to only end users, and Nacha encourages our financial institution members to share the links with your corporate (ie business, government, nonprofit, education, association) customers.
Basic page September 15, 2020
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks to Direct Deposit. Ultimately, the IRS would authorize 120 million payments via Direct Deposit.
Landing Page September 9, 2020
Direct Deposit and Direct Payments impact your life from your salary to your mortgage payment to paying a friend for last night's dinner.
Landing Page September 9, 2020
Direct Deposit and Direct Payment can help businesses save time and cut costs. And, for nonprofits and religious organizations, Direct Payment helps manage and increase automatic donations.
Basic page September 1, 2020
Written by experienced experts from both the private and the government sector, The Story of Payments: How The Industrialization of Trust Created the Modern Payments System tells the story of how payments – between people, merchants, employers and governments – emerged from the ancient system of barter and grew, through various technological implementations ranging from coins and paper money to checks, wire transfers and credit cards to today’s entirely electronic local and international payment systems.
Article August 31, 2020
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found.
Article August 28, 2020
 Discussing the effects of the COVID-19 pandemic on payments.