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Staffing Changes And New Initiatives Announced At NACHA

PYMNTS

NACHA, the Electronic Payments Association, announced Friday several staffing changes along with realignment of some responsibilities – efforts the overseer of the ACH network said would dovetail with new strategic directions. . That role marks a transition from senior managing director, ACH Network Rules.

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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

Reports noted the collaboration means the three partners will have access to real-time transaction capabilities via their combined resources of participating banks, money transfer operators and other financial service provdiers. Nacha Drives Corporate ACH Adoption. CardUp Mixes Rails To Enable Card Payments.

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Fed Seeks Comment On New Operating Hours For Fedwire Funds

PYMNTS

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement.

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Clearing Up The Case For ISO 20022

PYMNTS

Part of NACHA’s efforts in terms of education is to make sure that organizations, both in the U.S. and globally, understand the current capabilities of the ACH network in the U.S. “We’ve been working with the industry to develop tools and solutions that allow ACH users today in the U.S. ”