It is with great sadness that I share the sudden passing of Elliott McEntee, who served as Nacha President & CEO from November 1988 to December 2008.
It breaks my heart to share the news that Nacha’s beloved George Throckmorton has passed away. George was a colleague, a confidant and a friend.
New companies make new opportunities.
In Silicon Valley, “Move fast and break things” is the motto attributed to startups looking to enter a market quickly, fill a niche, and gain market share before competitors. This could certainly be the motto of some payments fintechs.
Tax payments are extremely important. Whether you’re an Originator or provider, you need to be making sure you’re using both the correct banking conventions and tax payment type code. That’s why Nacha is offering this short refresher.
Nacha is requesting industry comment on nine proposals to amend the Nacha Rules. These proposals concern risk management and are substantially oriented towards reducing the incidence of successful fraud and improving the recovery of funds within the ACH Network.
March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date.
It’s called “Smarter Faster Payments 2023” for a reason, and this year you’re going to see an emphasis on faster.
ACH, wires and cards are words we associate with payments. But metaverse, Web3 and NFTs?
What is the value of earning the AAP or APRP credential and what is the best way to prepare for taking the exams?
HERNDON, Va., March 12, 2019 – The ACH Network set a record in February as volume exceeded 100 million ACH payments per banking day—an increase of 7.2 percent over February 2018. In each year there were 19 banking days in the month.
Payments fraud “remains rare” in the U.S., with ACH payments having the lowest fraud rate by value, a new Federal Reserve study found.