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Tag: Blog

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A couple weeks ago, I wrote to inform you that the ACH Network was ready to handle the federal government’s Economic Impact Payments.

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A new report from AFP finds Business Email Compromise was where “the majority of payments fraud attempts/attacks” originated in 2019.
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Nacha President and CEO Jane Larimer says the modern ACH Network stands ready to get federal stimulus money into the bank accounts of the people who need it.
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Sometimes, the unexpected happens, as we're seeing these days. It's a good lesson on why financial institutions should prepare now for the new ACH Contact Registry.
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Nacha recently made a significant rule change to further enhance Same Day ACH, its own faster payments solution.

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While the current national emergency is impacting daily life and business operations, the ACH Network is operating normally. Using ACH payments can provide some assistance during this difficult time.
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With social distancing becoming the new normal for now, there's a way for Payments Associations and Financial Institutions to help their nonprofit clients, especially religious institutions.
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A message from Nacha President and CEO Jane Larimer.
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The wait is almost over. This Friday, the latest enhancement to Same Day ACH takes effect.
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Concerns over Coronavirus has led Nacha to issue an Operations Bulletin.
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Once scammers get a victim’s money, they’re far from done. They often need to move the money—and they’re not going to do it themselves. That’s where they employ the help of others—some knowingly, but many not: money mules.
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Finding the right person at a financial institution is about to become a lot easier thanks to the ACH Contact Registry. And now is the time for your institution to prepare.
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Nacha is requesting industry feedback by April 3, 2020 on a set of Rules proposals and other concepts collectively referred to as “Meaningful Modernization.”
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Why does Northern Virginia dentist Dr. Amy Adair like electronic claim payments via ACH? And what happened when an insurer tried sending virtual credit cards? Nacha's case study shows why EFT payments is the way to go for healthcare professionals.
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Although the ACH Contact Registry doesn't open until July 1, your financial institution should already be thinking about how it will comply with this new Nacha Operating Rule. A recent Nacha webinar offered a wealth of useful information.
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In a recent podcast interview with PaymentsJournal, Nacha's Samantha Carrier discusses how Elevation consults on the ACH Network and much more.
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Doctors are overwhelmingly receiving claim payments using Direct Deposit by ACH, but dentists still have a lot of work to do, the new 2019 CAQH Index finds.
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Easy is in the eye of the beholder. Assembling Ikea furniture is a piece of cake for some; others think it takes a master’s in engineering. 

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The Same Day ACH higher dollar limit is coming in March. But now is the time for ODFI's to be talking to their customers.
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With a higher dollar limit coming to Same Day ACH, there's a lot for Originators to consider, including an anticipated jump in using Same Day for B2B.