Displaying 101 - 120 of 163
Tag: ACH
Article August 16, 2021
While there’s an overwhelming desire to return to pre-pandemic life, some changes to the payments landscape are likely permanent—and that’s a good thing.
Article August 4, 2021
The ACH Network is the backbone of the U.S. financial system and benefits consumers, businesses and government agencies. While many consumers are unaware of the name ACH, they are aware of electronic bank transfers, electronic funds transfers and similar terms.
Article August 3, 2021
It’s called the ACH Contact Registry, but it’s being used for a whole lot more. Learn how a credit union uses the Registry to find contacts at other financial institutions to check on wires.
Article July 30, 2021
Meaningful Modernization is coming very soon. Learn more about it in this blog and the accompanying Nacha podcast.
Article July 28, 2021
A survey by RMAG found no increase in fraud attributable to the later hours for submitting Same Day ACH payments.
Article July 27, 2021
Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments.
Article July 23, 2021
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!
Article July 22, 2021
It's Simplify Your Life Week, and Nacha has some excellent ideas to help you make things easier by using electronic payments.
Article July 21, 2021
Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to inappropriate parties.
Article July 13, 2021
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.
Article July 13, 2021
Naysayers want you to believe there is no hope in preventing or surviving a ransomware attack, so you should just give up now.
Article July 13, 2021
Nacha is among the more than 50 organizations supporting Wisconsin Saves, which aims to get people to save automatically using Split Deposit.
Article July 13, 2021
Whether your credit union uses the ACH Network a little or a lot, there are rules to be followed and framework requiring compliance and controls.
Article July 12, 2021
The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG).
Article July 12, 2021
So far in the 2021 tax filing season 90% of federal refunds have been paid by Direct Deposit, according to the IRS.
Article July 12, 2021
Although enforcement of the ACH Contact Registry Rule doesn’t begin until Aug. 1, Nacha is already making spot-checks for data quality.
Article June 29, 2021
Nacha’s Risk Management Advisory Group has been evaluating potential risk increases and decreases due to Same Day ACH. It has consistently found no justification to fears that Same Day ACH would introduce massive amounts of risk.
Article June 15, 2021
In the upcoming weeks, there are important implementation dates and deadlines for ACH Network participants to be aware of. Three upcoming Rules go into effect June 30, while feedback to a Request for Comment are due July 1 and to a Request for Information are due July 16.
Article June 9, 2021
The new Warranty Claims Rule taking effect June 30 establishes specific time periods for RDFIs to make claims based on unauthorized entries and brings the ACH Network in line with other payment systems that have time limits.