Displaying 161 - 180 of 236

Tag: ACH

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

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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.
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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.
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Nacha recently made a significant rule change to further enhance Same Day ACH, its own faster payments solution.

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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.
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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.
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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.
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ACH Originators are currently preparing for an upcoming Nacha Operating Rule. Visit our Account Validation Resource Center for more information and resources to prepare.
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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. 
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Starting today the Same Day ACH per payment dollar limit jumps from $25,000 to $100,000.
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The wait is almost over. This Friday, the latest enhancement to Same Day ACH takes effect.
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Concerns over Coronavirus has led Nacha to issue an Operations Bulletin.
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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.
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Finding the right person at a financial institution is about to become a lot easier thanks to the ACH Contact Registry. And now is the time for your institution to prepare.
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