NACHA

MARCH 17, 2024

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers).

Credit Push 120

Credit Push NACHA Nacha Rules Rules 120

PYMNTS

SEPTEMBER 21, 2016

Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. Two new same-day settlement windows will be added to the ACH Network, which will increase the actual movement of funds between all those financial institutions from once a day (at the beginning of the day) to three times a day.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

SEPTEMBER 23, 2016

But in many ways, today’s milestone is all about what’s next for ACH. Same Day ACH and credit push was the first phase of a multi-phased effort to enable faster, more flexible and smarter payments to move between people and businesses. Same Day ACH Phase Two is all about debits — to be enabled by all banks in the U.S.

Faster Payments 75

Faster Payments Same Day ACH ACH ACH Network 75