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Tag: Press Release

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Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has updated tools to educate the public and fi

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Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published the Security Incident Response Procedure Guide for Companies.

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Nacha is pleased to announce that Kara Ford, Industry Relations Manager at the Federal Reserve, was named the winner of Nacha's inaugural 15 Under 40 Award, recognizing outstanding young professionals shaping the future of the payments industry.

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Orum, which offers an API for fast, reliable payments, is now a Nacha Preferred Partner for ACH Experience and has also attained Nacha Certified status.  

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Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI, a leading provider of predictive bank account and payment intelligence.

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MIAMI BEACH, Fla., May 7, 2024 – In 1974 payday usually meant being handed a paper check—which was the same way most bills were paid.

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Nacha released the following statement from Jane Larimer, President and CEO, on the Federal Reserve requesting comments to expand the operating days of the National Settlement Service to include weekends and holidays:

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HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. 

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They are among the best and brightest rising stars in the payments industry: the finalists in Nacha’s first 15 Under 40 Award. 

With nearly 100 nominees, a committee of industry experts convened by Nacha reviewed each candidate’s accomplishments and visions for the future.

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HERNDON, Virginia, March 20, 2024 – Nacha’s Top 50 ranking of financial institution originators and receivers of ACH payments for 2023 was released today.

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HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments.

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It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits.

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HERNDON, Virginia, Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023.

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HERNDON, Va., Feb. 13, 2024 – Today, in support of National AAP Recognition Day, Nacha is pleased to spotlight the accomplishments of the 324 newly-minted AAPs earning their credential by passing the 2023 exam. 

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HERNDON, Virginia, Feb. 5, 2024 – Nacha is proud to announce it has been recognized for the sixth consecutive year as one of the Best Places to Work in Virginia by the Virginia Business Magazine and Best Companies Group.

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HERNDON, Virginia, Jan. 24, 2024 – Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem.

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Nacha is excited to announce the launch of the "15 Under 40" award, a prestigious honor recognizing the outstanding achievements of emerging leaders in the payments industry.

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Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021.

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Nacha announced today that Goldman Sachs has joined its growing community of Direct Members. Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations.