Displaying 1 - 20 of 189
Tag: Press Release
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.
Article May 20, 2021
Phixius, Nacha’s Platform to Enable the Sharing of Payment-Related Information, Adds Three Participants So Far in 2021
Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021.
Article May 11, 2021
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 April 27, 2021
One Inc, which delivers a frictionless payment experience to over 165 insurance companies, has met the rigorous standards to become a Nacha Certified Third-Party Sender.
Article April 15, 2021
The ACH Network set two records in the first quarter of 2021, and Same Day ACH marked its 1 billionth payment.
Article April 14, 2021
Accelitas is now a Nacha Preferred Partner for ACH Account Validation. As a Preferred Partner, Accelitas is a part of a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.
Article April 13, 2021
Nacha Partners with Fintech Meetup to Offer Exclusive Benefits to Members Participating in Fintech Spring Meetup Event
Nacha, which governs the thriving ACH Network, and Fintech Meetup, the newest event from fintech and events industry pioneer Anil D. Aggarwal, are partnering on Fintech Spring Meetup, to be held online on June 15-17, 2021.
Article April 5, 2021
Same Day ACH payments will be further enhanced with a new $1 million per transaction limit. Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all eligible Same Day ACH payments, including credits and debits for both businesses and consumers.
Article March 30, 2021
Nacha releases its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020.
Article March 22, 2021
Nacha, The Clearing House and The Federal Reserve—collectively comprising the infrastructure of the ACH Network—announce the successful expansion of Same Day ACH.