Displaying 121 - 140 of 179

Tag: ACH

Article September 8, 2021
As Same Day ACH marks its fifth anniversary, Nacha President and CEO Jane Larimer looks at some milestones and what's ahead.
Article September 1, 2021
In the second quarter of 2021, Same Day ACH payment volume was 148.7 million, an increase of 82% over the same time in 2020. Those payments transferred $250 billion, up 115% from a year earlier. 
Article August 24, 2021
The last year and a half was turbulent, but through it all the ACH Network delivered for Americans when they needed it most, while also preparing for a strong future, Nacha President and CEO Jane Larimer said.
Rule August 20, 2021
This Rule clarifies the roles and responsibilities of Third-Party Senders (TPS) in the ACH Network by addressing the existing practice of Nested Third-Party Sender relationships, and making explicit and clarifying the requirement that a TPS conduct a Risk Assessment.
Rule August 19, 2021

These changes will amend the Nacha Operating Rules (Rules) to address a variety of minor topics related to Meaningful Modernization, an ACH Operator edit and expiration of stop payments on non-consumer accounts.

Article August 17, 2021
Regulation E and the Nacha Operating Rules each have a 60-day period that applies to unauthorized payments. But in complying with both Reg E and the Nacha Rules, understanding the differences in these periods is important.  
Article August 16, 2021

By now you’ve likely seen the ACH Network’s second quarter results for this year. While the 9.9% overall growth rate is proof that the ACH Network is thriving, it doesn’t tell the full story. To do that, you need to take a closer look at some of the numbers that factor in.

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.