Displaying 1 - 20 of 268
Tag: ACH Network
Article October 20, 2020
Volume on the ACH Network totaled 6.8 billion payments in the third quarter of 2020, a 9% increase from the same period in 2019.
Article October 19, 2020
Approximately six months ago, Nacha issued several ACH Operations Bulletins and Frequently Asked Questions announcing relief from a variety of requirements of the Nacha Operating Rules due to the impact of the coronavirus pandemic.
Product October 14, 2020
Recorded Oct. 14, 2020
Recording available until May 15, 2021
AAP & APRP credits: 1.2
Article October 9, 2020
The criticism that the speed of the ACH Network slowed down stimulus payments, misguided as it is, misses the fact that the rail performed extraordinarily well. In a single day, the ACH Network supported 81 million payments without issue, in addition to its regular payment volumes.
Article October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’s consumers, businesses and other organizations.
Event October 1, 2020
Time to get excited! New Nacha Operating Rules amendments are coming in 2021!
Product September 30, 2020
Recorded Sept. 30, 2020
Recording available until May 15, 2021
AAP & APRP credits: 1.2
Product September 30, 2020
Recorded Sept. 29, 2020
Recording available until May 15, 2021
AAP & APRP Credits: 1.5
Article September 30, 2020
October 30 is the deadline for financial institutions to enter required information in the ACH Contact Registry. Now is the time to get this done and be in compliance with the Nacha Operating Rules.
Article September 18, 2020
When COVID-19 forced much of the world into lockdown it was unchartered territory for many, including Nacha Elevation Consulting. As it turns out, we’ve been busy in recent months, and noticed a common thread among our clients: they want anything tied to payments to be moved to all digital.
Article September 18, 2020
A message from Nacha President and CEO Jane Larimer regarding criticism that the disbursement of stimulus funds was too slow, and that justifies a new instant payments infrastructure.
Article September 17, 2020
With paper check use declining and electronic payment methods on the rise, the ACH Network has grown tremendously in recent years. A recent PaymentsJournal podcast unpacked how this growth continued into 2020, even as the pandemic disrupted regular economic activity. In fact, the pandemic underscored just how reliable and valuable the ACH Network is to commercial and economic activity.
Article September 16, 2020
As part of Nacha’s efforts to educate more corporate end users on the ACH Network and upcoming Rule changes, Nacha is offering two free webinars to corporate end-users. The webinars are limited to only end users, and Nacha encourages our financial institution members to share the links with your corporate (ie business, government, nonprofit, education, association) customers.
Basic page September 15, 2020
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks to Direct Deposit. Ultimately, the IRS would authorize 120 million payments via Direct Deposit.
Landing Page September 9, 2020
Direct Deposit and Direct Payments impact your life from your salary to your mortgage payment to paying a friend for last night's dinner.
Landing Page September 9, 2020
Direct Deposit and Direct Payment can help businesses save time and cut costs. And, for nonprofits and religious organizations, Direct Payment helps manage and increase automatic donations.
Article August 31, 2020
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found.
Article August 26, 2020
In the U.S., pandemic-related lockdowns brought much of the economy to a standstill, and people largely shifted their activity online.
Article August 26, 2020
Phixius, Nacha’s payment information exchange platform, has been selected to present Phixius at Finova, which features demos and presentations on the latest innovations in financial technology.
Article August 25, 2020
Direct Deposit and payroll are perfect together, and National Payroll Week is a perfect time to honor that combination.