Displaying 1 - 20 of 198
Tag: Press Release
Article November 2, 2021
Afinis Interoperability Standards Releases New APIs for Account Ownership Validation and Payment Initiation
Afinis Interoperability Standards released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation. Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.
Article November 2, 2021
Nacha has named Dan Roth to the position of Senior Director, Communications.
Article October 28, 2021
Nacha has approved Nacha Certified status for Netchex, a provider of payroll and human resources services.
Article October 25, 2021
IBM has joined Nacha’s Preferred Partner Program for Enterprise Payments Solutions.
Article October 19, 2021
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021.
Article September 30, 2021
Nacha Names Roxanne Orticke as Chief Financial Officer and Managing Director, Administrative Services
Her portfolio of responsibilities includes working with the Nacha Board and CEO regarding the organization’s financial strategy, in addition to financial planning and forecasting, and performance reporting.
Article September 28, 2021
Basis Theory today became a Nacha Preferred Partner for Data Tokenization and Encryption.
Article September 24, 2021
The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.
Article September 21, 2021
Nacha to Recognize More Than 570 Accredited Payments Risk Professionals During National APRP Recognition Day on Sept. 21
The APRP exam tests for comprehensive risk management knowledge across all payment types, including check, wire, debit, credit and prepaid cards, emerging and alternative payments, and ACH.
Article September 13, 2021
Every day, U.S. government agencies rely on the ACH Network to distribute critical payments because it is safe, secure and reliable. To illustrate how Direct Deposits sent through the ACH Network are vital to Americans, Nacha launched directdepositdelivers.org.
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 5, 2021
Nonprofits large and small will benefit by using Nacha’s newly updated Nonprofit Toolkit to encourage donations by electronic bank transfer via the ACH Network.
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 21, 2021
Afinis Interoperability Standards Releases New APIs to Help Businesses with Cash Management Decisions
Adopting the new application programming interfaces will help corporate banking customers better access detailed financial data across banking platforms.
Article July 15, 2021
Nacha is expanding its leadership in payments education by building on its partnership with payments associations and adding the Credit Research Foundation. With the addition of CRF, the organizations will provide on demand educational opportunities for payments professionals to stay on top of industry changes.
Article June 29, 2021
Nacha announced today the addition of North American Banking Company as a Nacha Direct Financial Institution Member. Nacha now has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) that collectively represent nearly all financial institutions across the U.S.
Article June 9, 2021
Happy Remote Connect Day! Today marks 75 days until Nacha’s Smarter Faster Payments Remote Connect gets underway. The fact that Remote Connect offers the best in payments education is reason itself to celebrate, but Nacha is going one better.
Article June 8, 2021
TokenEx today became a Nacha Preferred Partner for ACH Data Protection. As a Nacha Preferred Partner, TokenEx joins a select group of innovators recognized for offering products and services that align with Nacha’s strategies to advance the ACH Network.
Article May 26, 2021
As the COVID-19 pandemic begins to subside, healthcare claim payments are on the rise. Figures from Nacha show nearly 37.4 million healthcare claim payments were made to providers by ACH in March 2021, the most ever in a single month, and an increase of 19.3% over March 2020. The value of those payments, more than $171.3 billion, is up 13% from a year earlier.
Article May 24, 2021
First of its kind in the industry, the program will provide payments professionals a holistic view of faster payments, including current offerings, relevant standards, legal perspectives and more, while providing those who complete the program with additional expertise in these areas.