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Tag: ACH

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MX is a Nacha Preferred Partner for Preferred Partner for for Risk Management and Fraud Prevention
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Getting dentists to switch to electronic claim payments is at the heart of Nacha's new campaign with the American Dental Association.
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It isn’t every day that you see an increase of 1,140%. But when you look at some recent gains by Same Day ACH used for business-to-business (B2B) payments that’s exactly what happened. 
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While most Financial Institutions are entering quality data in the ACH Contact Registry, Nacha has heard about some frustrations in using the Registry.
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Increasing the Same Day ACH dollar limit to $1 million per payment posed no greater fraud risk than the prior $100,000 threshold, a new survey by Nacha’s Risk Management Advisory Group (RMAG) found. 
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The next time you visit Nacha’s Risk Management Portal you’ll find several changes which are the direct results of industry input. 
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While ACH is as easy as ABC in the payments world, not everyone knows about the benefits of using electronic payments. That’s where Nacha’s Industry Verticals team comes in.
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The ACH Network moved 7.5 billion payments in the second quarter of 2022, led by growth in Same Day ACH and business-to-business (B2B) payments.
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When is a payment a Micro-Entry and when isn't it? With the new Micro-Entry Rule taking effect in September, we take a closer look.
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With one new Nacha Rule coming later this month and two others right behind in September, Nacha has a wealth of new and refreshed materials to help you along. 
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ACH end users have consistently and constantly asked for higher dollar limits for Same Day ACH payments. In March 2020, the original limit of $25,000 was raised to $100,000. Then, two years later in March 2022, the limit was increased again to $1 million per payment.

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Could FedNow pave the way for more ACH settlement windows? At Smarter Faster Payments 2022 there was discussion about whether FedNow's functionality could be applicable to other Fed services, including ACH.
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A new ACH Risk Management Framework is taking shape to help keep the ACH Network safe. One particular focus is fraud involving credits and other push type payments.
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Nacha President and CEO Jane Larimer takes a closer look at the first quarter 2022 ACH Network results.
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The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended.
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Presidents typically stand before Congress and proclaim the state of the union to be strong. Michael Herd was looking for a different adjective to describe the ACH State of the Union and came up with the perfect fit: “historic.”
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A new study for Nacha and the Center for Payments takes a closer look at how Same Day ACH is being used and what the payments community would like to see.
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Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans. “We don’t need special occasions” to use Same Day ACH, Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors, told Smarter Faster Payments 2022.
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Nacha’s Top 50 rankings of financial institution originators and receivers of ACH payments for 2021 are now available.
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Along with all the other spring cleaning you do, it's a fine time to make sure your Financial Institution's entries in the ACH Contact Registry are up-to-date.