Preferred Partner for ACH Experience/Account Validation/ISO 20022

Preferred Partner for Compliance/Risk and Fraud Prevention/ACH Experience

Preferred Partner for ACH Experience

When did your financial institution last check its listings in the ACH Contact Registry? Today's a good day to do that.

Nacha President and CEO Jane Larimer looks at some of the many exciting happenings in store for 2023.

High-quality, relevant CLE from the comfort of your La-Z-Boy Recliner? Or while you work out in your gym? Yes, please! Even better: It's free for lawyers! Circle your calendar for this year's ACH Legal & Compliance Summit.

A checklist approach to payments could help Originators comply with rules and regulations, avoid errors, and reduce fraud. We have a basic electronic payment checklist to consider.

Digital Download - These cards are durable for your desktop and right at your fingertips to get all the critical information for handling federal government exceptions.

This tool, modeled after the popular ACH Quick Reference Cards for Financial Institutions, is specifically designed for corporate ACH users.

The numbers tell the story: The ACH Network is a bright spot amid the economic uncertainty of 2022.

HERNDON, Virginia, November 30, 2022 – Nacha's Payments Innovation Alliance has created a new resource aimed at financial institutions, billers and payments processors.

Some of Nacha’s top leaders were among those informing and enlightening participants at AFP 2022 in Philadelphia.

Following the increase of the Same Day ACH dollar limit to $1 million in March 2022, Nacha and the ACH Operators - the Federal Reserve and The Clearing House - have completed the latest phase in the acceleration of ACH payments with the implementation of “Late Night ACH.”

A timely reminder that the six-month grace period for Third-Party Senders to conduct a risk assessment and implement a risk management program ends on March 31, 2023.

Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier.

Nacha released a report on its latest Risk Management Framework today, providing a new strategy for industry participants in both the ACH Network as well as other payments systems to address new and persistent frauds that increasingly make use of credit-push payments.

This Rule will define and standardize practice and formatting of Micro-Entries, which are used by some ACH Originators as a method of account validation. This phase of the Rule requires Originators of Micro-Entries to use commercially reasonable fraud detection, including the monitoring of Micro-Entry forward and return volumes.

Changes are coming in September with new late night ACH file deliveries to financial institutions that are Receiving Depository Financial Institution (RDFI) clients of both the Federal Reserve and The Clearing House.

Direct Deposit is a great way to save time and get your Labor Day festivities started sooner.