ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.

A new Nacha Operating Rule affects the way ACH Network participants use Micro-Entries. We take a look at what it means and why you should start preparing now.

Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study.

MEETING AND REGISTRATION DETAILS

Alliance members and guests will meet virtually for our winter member meeting! Our Advisory Committees are busy developing an incredible agenda for you.

A review of the changes to the Nacha Operating Rules in 2021, and what's coming in 2022.

In a recent podcast interview, Nacha’s Brad Smith discusses BNPL and the ACH Network.

With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. 

2021 is shaping up to be a banner year for healthcare volume on the ACH Network, as medical and dental providers increasingly recognize the advantages of electronic claim payments. 

Nine financial institutions have been fined for Class 2 Rules violations for not entering required information in the ACH Contact Registry.

The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.

Routing numbers can change with mergers and acquisitions, or even be retired when no longer needed. Keeping track of routing numbers and which FIs they belong to can be challenging.

As Same Day ACH marks its fifth anniversary, Nacha President and CEO Jane Larimer looks at some milestones and what's ahead.

Account takeover is a type of cybercrime or identity theft where a malicious third party gains access to (or “takes over”) an online account, such as an e-mail address, bank account, or social media profile.

COVID-19 scams are frauds that primarily rely on the existence of the COVID-19 pandemic.

A money mule is someone who transfers or moves illegally acquired money on behalf of someone else.

Ransomware is a type of malware that threatens to publish the victim's personal data or perpetually block access to it unless a ransom is paid.

Business email compromise (BEC) attacks are a form of cybercrime that uses email fraud to attack organizations. In 2020, the FBI (through IC3.gov) received 19,369 BEC/EAC complaints with adjusted losses of over $1.8 billion.

In the second quarter of 2021, Same Day ACH payment volume was 148.7 million, an increase of 82% over the same time in 2020. Those payments transferred $250 billion, up 115% from a year earlier. 

Regulation E and the Nacha Operating Rules each have a 60-day period that applies to unauthorized payments. But in complying with both Reg E and the Nacha Rules, understanding the differences in these periods is important.