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Tag: ACH

Article

HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. 

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Preferred Partner for ACH Experience/Account Validation/Open Banking

Article

Shauna Wesley-Baxley remembers a time when Johnson & Johnson Insurance made all its payments—from vendor and payroll to consumer reimbursements—by check, and she’s not nostalgic for it.

Article

In this episode of Nacha’s Payments SmartCast, Shauna Wesley-Baxley from Johnson & Johnson Insurance discusses transitioning from checks to ACH payments, enhancing efficiency and client satisfaction.

Product

11th Edition

This edition of the ACH Compliance Manual is essential for AAP and APRP exam candidates and those prepping for ACH audits or regulatory examinations.

Article

MIAMI BEACH, Fla.—The popularity of ACH is growing, but for companies either dipping a toe in the water or looking to expand ACH use, there’s a lot to consider—and it’s tough to go it alone.

Product

8th Edition

This manual is an invaluable tool for any candidate studying for the AAP or APRP exams and for those preparing for ACH annual audits or examinations by regulatory agencies.

Article

Although Tax Day was April 15, the IRS and State Tax Refund Return Opt-In Programs are available year-round to help financial institutions return tax refund credits in cases of suspected error or fraud.

Article

Florida dentists will soon find it easier to get fee-free EFT claim payments—and reject virtual credit cards (VCCs)—under a new law coming to the Sunshine State.

Article

Even higher education professionals can sometimes use a little schooling—especially about how to make and receive payments. 

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Preferred Partner for ACH Experience/Account Validation/Risk and Fraud Prevention

Article

MIAMI BEACH, Fla.—Records are made to be broken, and that’s especially true when it comes to ACH.

Article

Nacha released the following statement from Jane Larimer, President and CEO, on the Federal Reserve requesting comments to expand the operating days of the National Settlement Service to include weekends and holidays:

Article

HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. 

Article

After four consecutive years of declines, the number of organizations reporting attempted or actual payments fraud rose considerably in 2023, new research found.

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The Council for Affordable Quality Healthcare (CAQH) owns and manages the CORE Operating Rules. The Healthcare EFT Enrollment Rules were just updated to help health claim payments move more efficiently and effectively while

Article

HERNDON, Virginia, March 20, 2024 – Nacha’s Top 50 ranking of financial institution originators and receivers of ACH payments for 2023 was released today.

Article

Not long ago, credit-push fraud wasn’t something you heard payments professionals discussing. That it quickly became part of today’s lexicon shows the importance of keeping our risk management strategies current. A slate of recently approved Nacha Operating Rules will do just that.

Article

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments.

Rule

These Rule amendments are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred.