Displaying 1 - 20 of 182

Tag: ACH

Article April 9, 2020
Nacha has released ACH Network results for the first quarter of 2020.
Article April 9, 2020
Nacha has released the Top 50 rankings of financial institution originators and receivers of ACH payments for 2019.
Article April 6, 2020
Nacha President and CEO Jane Larimer says the modern ACH Network stands ready to get federal stimulus money into the bank accounts of the people who need it.
Article April 2, 2020

Businesses that originate pre-authorized ACH debits for services that have been interrupted may face an elevated risk of returns.

Article March 30, 2020
Sometimes, the unexpected happens, as we're seeing these days. It's a good lesson on why financial institutions should prepare now for the new ACH Contact Registry.
Article March 27, 2020
The Nacha Rules require an RDFI to accept a consumer’s Written Statement of Unauthorized Debit (WSUD), and also require that the WSUD be signed or similarly authenticated.
Article March 26, 2020

Nacha recently made a significant rule change to further enhance Same Day ACH, its own faster payments solution. Now, the per-payment dollar limit for same-day payments is now $100,000, up from $25,000.

Article March 26, 2020
The upcoming effective dates of the Rule on Supplementing Data Security Requirements are extended by one year, to June 30, 2021 and June 30, 2022, respectively. The effective dates of other approved and upcoming Rules remain in effect.
Article March 25, 2020
While the current national emergency is impacting daily life and business operations, the ACH Network is operating normally. Using ACH payments can provide some assistance during this difficult time.
Article March 24, 2020
With social distancing becoming the new normal for now, there's a way for Payments Associations and Financial Institutions to help their nonprofit clients, especially religious institutions.
Basic page March 23, 2020
ACH Originators are currently preparing for an upcoming Nacha Operating Rule. Visit our Account Validation Resource Center for more information and resources to prepare.
Resource March 23, 2020
Article March 20, 2020
In light of the current need for organizations to reduce on-site staffing levels, Nacha is providing temporary relief from deadlines for delivery of certain records that are required under the Nacha Rules. 
Article March 10, 2020
Concerns over Coronavirus has led Nacha to issue an Operations Bulletin.
Article March 9, 2020

In light of the potential impact of coronavirus, Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions.  In additio

Article March 9, 2020
Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions.
Article February 19, 2020
Nacha is requesting industry feedback by April 3, 2020 on a set of Rules proposals and other concepts collectively referred to as “Meaningful Modernization.”