NEW ORLEANS—Whether you work in an office or at home, you probably don’t think it has much in common with the space shuttle. Or does it? Mike Massimino flew the shuttle twice and believes those of us on the ground can learn a lot from the work ethic up there.

NEW ORLEANS—To everyone who’s ever gotten what seems like a brainstorm, only to quickly flip and decide, “Nah, that’ll never fly,” Kyle Scheele hopes you’ll think twice. 

It’s a figure even the FBI called “staggering”: The losses reported to its Internet Crime Complaint Center (IC3) in 2024 totaled $16.6 billion, the bulk of which came from fraud. And among those frauds, business email compromise (BEC) remained a pervasive threat. 

Even as business-to-business payments continue increasing on the ACH Network, a new survey finds the number of organizations using checks actually climbed last year, leaving experts wondering if there’s been a serious misunderstanding.

Did you know there’s such a thing as International ACH Transaction, or IAT? There is. In fact, there were nearly 121 million IATs in 2024, both debits and credits, which is impressive, but Nacha believes much greater use can be made of this payment tool.

The Nacha Rules require financial institutions to establish, implement, and periodically review exposure limits for their Third-Party Sender (TPS) customers and for their Originator customers. Third-Party Senders are also required to do the same for their Originator customers.

Dentists are flocking to electronic funds transfer (EFT) for claim payments, with a new report finding a 43% jump in those payments from 2022 to 2023.

The Nacha Rules require financial institutions and Third-Party Senders (TPSs) to conduct Rules Compliance Audits and risk assessments of their ACH activities. The Rules also state an ODFI is responsible for all Entries originated through the ODFI, whether by an Originator or through a TPS.

How many times have you seen something like this happen? 

It’s a figure that takes a moment to wrap your head around: a 2,556% increase. But that’s just how much healthcare claim payment volume on the ACH Network climbed from 2013 to 2024.

A new credit-push fraud scheme is being used by fraudsters to target financial institutions and their commercial clients. 

In an era where the payments industry is evolving at an unprecedented pace, cultivating a pipeline of capable leaders has become a top priority for organizations aiming to stay competitive.

On Dec. 16, Nacha issued Operations Bulletin #4-2024 to emphasize the critical importance of maintaining up-to-date routing transit number information.

It always seems to happen this way: A couple of (relatively) quiet weeks at the end of December and then the new year is off and running like a Kentucky Derby favorite. 2025 is no different, as it promises to be a busy, and exciting, year here at Nacha.

Contrary to what you might think, there are no Yankees-Red Sox type rivalries among the nation’s payment systems. Quite the opposite, actually. 

One of the new Rules that went into effect on Oct. 1, 2024, expands an RDFI’s voluntary exemption from the funds availability requirement of the Nacha Operating Rules. The Rule also requires an RDFI to take reasonable steps to notify an ODFI if the RDFI exercises this exemption.

There’s new functionality in Nacha’s Risk Management Portal that’s going to be very useful to financial institutions seeking more information on International ACH Transactions (IATs).

Same Day ACH has been live since September 2016 and since its debut Nacha has consistently made enhancements to meet the needs of ACH end users.