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.

The vast majority of cryptocurrency companies and platforms are increasingly interested in ACH. While at first glance it might not seem like a natural pairing, the synergy comes into focus for one prime reason: ACH gives a competitive edge. 

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.

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.

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.

Your sales are humming along, bills and invoices are being sent to customers, and the payments are flowing back to your company—and there are a lot of payments. That’s good news. But, that’s also where Goofus processes may lurk!

As the pandemic winds down, both consumers and merchants are beginning  to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are accepting alternative payment methods.

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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.

You want more ACH payments from your customers because ACH:

ACH payments provide clear benefits compared to check payments. If your company currently does not send ACH payments to vendors/suppliers, you can contact your bank for recommendations on how to get started with sending ACH payments. 

If you are looking for additional information on how ACH can help your religious organization, please return to the ACH Supports Religious Organizations page.

If you’ve experienced the “joy” of having teenagers matriculating through middle and high school, you’ve no doubt heard the question, “Why do I have to take algebra?” 

Download tools to help you get started with electronic bank transfers, which can save you time, money and resources.

Nacha’s ACH Rules Compliance the structure for evaluating possible violations of the Nacha Operating Rules and Guidelines. DFIs can file a violation or enter into arbitration.

Without a doubt, becoming an AAP is great for career growth, but Brenda Eckert, AAP, sees even more importance in achieving the accreditation.

Property management is a big business that handles a lot of money, with managers collecting rents from tenants and then forwarding the funds to owners. As payments increasingly move online and away from paper checks, a fair share of those funds flow through the ACH Network.