Summertime and the living is easy. Unless, of course, you’re a young person spending those days (and maybe nights) hard at work earning money to pay for school. If that’s you, or you know someone who fits the description, Direct Deposit can make payday a whole lot easier.

ACH Network Volume Statistics. 

2018 Statistics

2017 Statistics

When Nacha says “Direct Deposit Delivers” we mean it. A new paper from the federal government helps back that up.

Part 3 of 4 (Part 1, Part 2,

Nacha is requesting industry comment on nine proposals to amend the Nacha Rules. These proposals concern risk management and are substantially oriented towards reducing the incidence of successful fraud and improving the recovery of funds within the ACH Network. 

Join us June 2nd for the second Quarterly Rules Update of 2023.

Nacha requests the industry to provide information and perspectives on four additional risk management topics.  While these topics are not being put forth at this time as proposals to amend the Nacha Rules, Nacha requests information and perspective from industry stakeholders by Friday, June 30, 2023.

DEADLINE: Friday, June 30, 2023

(L-R) Michael Herd, Nell Campbell-Drake, Jason Carone.

March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date.

When Nacha says the modern ACH Network is thriving, we always have figures to back that up. The Federal Reserve recently gave us some additional evidence of just how accurate that statement is. 

(L-R) Luis Guzman, Dave Glaser and Serenie Gagon

LAS VEGAS—You’re at the online checkout ready to complete your purchase. How do you pay? 

Nacha’s latest Risk Management Framework expands the focus on fraud detection, prevention and recovery to encompass credit-push payments. All participants in the payments system, whether the ACH Network or elsewhere, have roles to play in working together to combat fraud. Responses to the RFC topics are requested by Friday, June 16, 2023.

DEADLINE: Friday, June 16, 2023

Nacha announced its 2023 Pay-Me Award Honorees during the Payments Connection Ceremony at its annual Smarter Faster Payments Conference. These movie-themed awards recognize some of the innovative solution providers that help keep the payments industry fast and secure. 

LAS VEGAS—Expect the forward-thinking, collaborative approach to payments innovation to continue, as the evolution of the payments industry remains in full swing, Nacha leaders told the opening session of Smarter Faster Payments 2023.

The ACH Network began 2023 with solid growth in the first quarter, particularly in Same Day ACH where payment dollar values nearly doubled from a year earlier.

Preferred Partner for the Categories of Compliance and ACH Experience

A checklist approach to initiating a payroll can help ACH Originators and Third-Party Senders comply with rules and regulations, avoid errors, and reduce fraud.