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. 

(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 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.

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.

The one-year anniversary of Same Day ACH’s $1 million limit is March 18.

Nacha filed comments (can we link our letter) on March 10, 2023, in support of the Treasury Department’s efforts to implement a statutory mandate requiring the federal government to deliver non-tax payments by electronic funds transfer (EFT).

A new way of thinking about fraud detection, prevention and recovery.

Direct Deposits and Direct Payments are the smart and convenient way businesses, individuals, and government entities safely send and receive payments.

The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2022 are now available.

The Risk Management Advisory Group (RMAG) recently released blogs offering a checklist approach for Originators and for