Nacha today announced its 2022 Board of Directors. These Board members are all senior executives representing different sizes and types of financial institutions that utilize the ACH Network and who bring diversity in thought, experience and perspective to Nacha.

Nacha has been named one of the Best Places to Work in Virginia for a fourth year in a row by Virginia Business Magazine and Best Companies Group.

Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021.

Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study.

Nacha’s Payments Innovation Alliance Conversational Payments and the Cybersecurity Response (CPCR) Project Team released “Unwrapping Smart Speakers,” an online guide with simple steps for consumers to protect their privacy and keep them safe regarding smart speaker use.

Today, Nacha announced the release of the Payments Innovation Alliance's 2021 Annual Report, detailing how the Alliance continued to offer critical thought leadership on emerging topics impacting the payments industry this year.

Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha today announced that Aliaswire will join the Phixius Peer-to-Peer Network for the exchange of payment-related data. 

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.

Nacha has named Dan Roth to the position of Senior Director, Communications.

Nacha has approved Nacha Certified status for Netchex, a provider of payroll and human resources services. 

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. 

The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.

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.

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.

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. 

​​​​​​​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.

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.

Adopting the new application programming interfaces will help corporate banking customers better access detailed financial data across banking platforms.

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.

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.