Displaying 1 - 20 of 31

Tag: Consumers

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11th Edition - Now Available!

The new edition of the ACH Compliance Manual is essential for AAP and APRP exam candidates and those prepping for ACH audits or regulatory examinations.

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Nacha filed comments (can we link our letter) on March 10, 2023, in support of the Treasury Department’s efforts to implement a statutory mandate requiring the federal government to deliver non-tax payments by electronic funds transfer (EFT).
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Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

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This Adobe-based product provides a four-year (2017-2020) archive compilation of the Nacha Operating Rules & Guidelines content in a convenient ebook presentation.

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America Saves Week 2022 is coming. Here's how you can participate by urging employees and customers to use Split Deposit to save automatically.
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In a recent podcast interview, Nacha’s Brad Smith discusses BNPL and the ACH Network.
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Nacha has named Dan Roth to the position of Senior Director, Communications.
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Nacha and many Payment Associations provided comments on the notice of proposed rulemaking (the “Proposed Rule”) regarding the Federal Government Participation in the Automated Clearing House (“ACH”).
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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. 
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Business Email Compromise (BEC) is an increasing concern for organizations of all sizes. Learn what to do to avoid becoming a victim.
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The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.
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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.
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It seems like the bad guys work night and day concocting new ways to separate people and businesses from their money. But when it comes to cybercrime, one scam tops the list: Business Email Compromise (BEC).
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By now you’ve likely seen the ACH Network’s second quarter results for this year. While the 9.9% overall growth rate is proof that the ACH Network is thriving, it doesn’t tell the full story. To do that, you need to take a closer look at some of the numbers that factor in.

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The ACH Network is the backbone of the U.S. financial system and benefits consumers, businesses and government agencies. While many consumers are unaware of the name ACH, they are aware of electronic bank transfers, electronic funds transfers and similar terms.
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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.
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It's Simplify Your Life Week, and Nacha has some excellent ideas to help you make things easier by using electronic payments.
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Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to inappropriate parties.
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As the pandemic winds down, both consumers and merchants are beginning  to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are accepting alternative payment methods.