Displaying 1 - 20 of 198

Tag: ACH Network

Article March 26, 2020

Nacha recently made a significant rule change to further enhance Same Day ACH, its own faster payments solution. Now, the per-payment dollar limit for same-day payments is now $100,000, up from $25,000.

Article March 26, 2020
The upcoming effective dates of the Rule on Supplementing Data Security Requirements are extended by one year, to June 30, 2021 and June 30, 2022, respectively. The effective dates of other approved and upcoming Rules remain in effect.
Article March 25, 2020
While the current national emergency is impacting daily life and business operations, the ACH Network is operating normally. Using ACH payments can provide some assistance during this difficult time.
Article March 20, 2020
In light of the current need for organizations to reduce on-site staffing levels, Nacha is providing temporary relief from deadlines for delivery of certain records that are required under the Nacha Rules. 
Article March 20, 2020
Starting today the Same Day ACH per payment dollar limit jumps from $25,000 to $100,000.
Article March 17, 2020
The wait is almost over. This Friday, the latest enhancement to Same Day ACH takes effect.
Article March 10, 2020
Concerns over Coronavirus has led Nacha to issue an Operations Bulletin.
Article March 9, 2020

In light of the potential impact of coronavirus, Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions.  In additio

Article March 9, 2020
Nacha reminds financial institutions of the importance of reviewing their business continuity plans to ensure that they are prepared to maintain ACH payment processing capabilities in the event of possible disruptions.
Article March 3, 2020
Finding the right person at a financial institution is about to become a lot easier thanks to the ACH Contact Registry. And now is the time for your institution to prepare.
Article February 19, 2020
Nacha is requesting industry feedback by April 3, 2020 on a set of Rules proposals and other concepts collectively referred to as “Meaningful Modernization.”
Article February 18, 2020

Following Nacha’s confirmation of March 19, 2021, as the effective date for the new, third Same Day ACH window, The Clearing House and the Federal Reserve Banks, as

Article February 10, 2020
Most of us know the tremendous value of Direct Deposit (especially when payday rolls around). But sometimes it’s good to get it on the record, which is exactly what Nacha did recently.
Article February 5, 2020
Although the ACH Contact Registry doesn't open until July 1, your financial institution should already be thinking about how it will comply with this new Nacha Operating Rule. A recent Nacha webinar offered a wealth of useful information.
Product February 4, 2020

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Article February 3, 2020
The ACH Network had an impressive 2019, with 24.7 billion payments valued at $55.8 trillion. The annual growth rate reached a 12-year high.
Article January 27, 2020
Doctors are overwhelmingly receiving claim payments using Direct Deposit by ACH, but dentists still have a lot of work to do, the new 2019 CAQH Index finds.