Payments Dive

MARCH 21, 2023

Although FedNow will be a competitor to the ACH network, it’s also poised to fill current gaps in the system, Nacha CEO Jane Larimer said Monday.

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EBizCharge

JULY 16, 2024

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. What is NACHA? Data security NACHA imposes stringent requirements to protect sensitive financial data.

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NACHA

FEBRUARY 13, 2024

ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception mkahn@nacha.org Wed, 02/14/2024 - 01:01 Image Media ACH Network Logo with background

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NACHA

MAY 6, 2024

But in that year, a significant step was taken toward changing all of that when the National Automated Clearing House Association, or NACHA was formed.

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NACHA ACH Network Accreditation Innovation 57

NACHA

MAY 3, 2024

Nacha Statement on the Federal Reserve's Requesting Comments to Expand the Operating Days of the National Settlement Service to Include Weekends and Holidays droth@nacha.org Fri, 05/03/2024 - 12:52 Image Media ACH Network Logo with background

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NACHA

OCTOBER 18, 2023

Nacha announced today that Goldman Sachs has joined its growing community of Direct Members. Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations.

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NACHA

AUGUST 24, 2023

CGI is now a Nacha Preferred Partner for Data Innovation. In becoming a Preferred Partner, CGI joins a select group of innovators whose offerings align with Nacha's strategies to advance the ACH Network.

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NACHA

JUNE 22, 2023

CGI is now a Nacha Preferred Partner for Data Innovation. In becoming a Preferred Partner, CGI joins a select group of innovators whose offerings align with Nacha's strategies to advance the ACH Network.

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Payments Source

AUGUST 12, 2020

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

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NACHA

OCTOBER 16, 2024

17, 2024 – Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed. million Same Day ACH payments in the third quarter; the value of those payments rose 38.8% RESTON, Virginia, Oct. There were 355.2

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Same Day ACH ACH Volume NACHA 82

PYMNTS

FEBRUARY 19, 2019

NACHA, the steward of the ACH Network, announced Tuesday (Feb. 19) that last year was a milestone year for the ACH Network with payment volume climbing to close to 1.5 In a press release , NACHA said it is the fourth year in a row that the ACH Network added more than 1 billion new payments.

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ACH Network ACH Same Day ACH NACHA 82

Fintech Finance

MAY 7, 2024

Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

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Phixius Account Validation NACHA Accounts 52

PYMNTS

OCTOBER 4, 2020

Nonprofit Nacha , which enables Automated Clearing House ( ACH ) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. The amendments concern Same Day ACH and new ways of making ACH payments easier to use, the release stated.

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NACHA ACH Rules Nacha Operating Rules 113

Payments Dive

FEBRUARY 15, 2024

increase in payments volume for the ACH Network last year over 2022. Peer-to-peer transactions also contributed to a 4.8%

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ACH NACHA ACH Network Volume 78

NACHA

OCTOBER 16, 2023

Same Day ACH Growth Helps Lead ACH Network to Solid Third Quarter Results mkahn@nacha.org Tue, 10/17/2023 - 01:01 Image Media ACH Network Logo with background

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Same Day ACH ACH Network ACH 52

PYMNTS

SEPTEMBER 17, 2018

NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. NACHA and its members are now delivering those enhancements.”. local time.

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PYMNTS

NOVEMBER 2, 2018

NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 In a press release , NACHA said the performance was driven, in part, by business-to-business (B2B) and online payments. According to NACHA , there were more than 3.3

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ACH Network ACH NACHA Same Day ACH 67

Payments Source

MARCH 15, 2019

Nacha's request to the Fed to extend submission times for its Same-Day ACH network was far from routine for two organizations that had worked together for decades.

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Same Day ACH NACHA ACH FedWire 65

NACHA

JULY 24, 2023

Same Day ACH Transfers $1.2 Trillion in First Half of 2023 Helping Power the Modern ACH Network mkahn@nacha.org Tue, 07/25/2023 - 01:01 Image Media ACH Network Logo with background

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Same Day ACH ACH Network ACH 52

NACHA

MARCH 19, 2024

HERNDON, Virginia, March 20, 2024 – Nacha’s Top 50 ranking of financial institution originators and receivers of ACH payments for 2023 was released today. The Top 50 originating institutions had total ACH Network volume of nearly 27.7 of the ACH Network’s total commercial payments volume.

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ACH Origination ACH Origination ACH Network 70

Finextra

FEBRUARY 15, 2024

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023.

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Same Day ACH ACH NACHA ACH Network 59

PYMNTS

APRIL 11, 2018

New data shows that the ACH Network processed 21.5 It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. And the network’s growth rate for last year is the highest since 2008.

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PYMNTS

SEPTEMBER 14, 2018

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. NACHA — The Electronic Payments Association said the value of the payments was $4.5 This impressive growth demonstrates that businesses and consumers are choosing to use ACH payments.”.

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NACHA ACH Volume Same Day ACH 49

PYMNTS

SEPTEMBER 4, 2017

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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NACHA ACH Network Nacha Operating Rules ACH 62

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% According to NACHA, most ACH transfers process the same or next-day. in Q4 2021.

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ACH Checks Identity Theft Payments 88

Payment Savvy

AUGUST 4, 2020

Starting March 19, 2021, the National Automated Clearing House Association (NACHA) will require businesses to perform online verification of bank accounts before they accept or process ACH payments. This network allows transfers from and to different banks for the payment of goods and services.

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Account Validation NACHA Accounts ACH 52

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. percent jump.

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PYMNTS

MARCH 13, 2019

NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. The passage was contingent upon the approval of the Federal Reserve Board by June 30 of this year.

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The Paypers

JULY 12, 2019

(The Paypers) The ACH Network has registered its highest quarterly growth rate in more than a decade during the second quarter of 2019, according to NACHA.

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ACH Network ACH NACHA 31

PYMNTS

MAY 7, 2019

The board of directors for Nacha has selected Jane E. Nacha is an amazing organization whose work is instrumental in building consensus and supporting the creation of rules, standards and education that enhance and enable payments and financial data exchange to benefit all stakeholders,” said Larimer.

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PYMNTS

MARCH 27, 2017

As banks, FinTechs and a variety of software development firms explore the waters of payments and information exchange and collaboration, NACHA says there is a new idea to consider: API standardization. . To demonstrate this challenge, he pointed to the ACH Network itself. financial services space.

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NACHA API ACH Network ACH 75

PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

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Nacha Rules NACHA Rules Account Validation 71

The Paypers

MAY 8, 2019

(The Paypers) NACHA has announced that the ACH Network’s number of payments in Q1 2019 increased 5.8% from 2018, and the daily average volume of payments increased 7.5%.

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ACH Network ACH Continuity NACHA 28

PYMNTS

APRIL 17, 2017

The Electronics Payment Association NACHA announced significant increases in the ACH Network transactions. billion | Amount of 2016 overall ACH monetary transactions. percent | Percentage increase of ACH transactions from 2015 to 2016. 52 percent | Percentage increase in number of ACH same-day direct deposits.

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ACH Network ACH Direct Deposit NACHA 40

Paymerang

NOVEMBER 28, 2023

If your business is using Automated Clearing House (ACH) transactions to pay more of its suppliers, you are not alone. billion B2B transactions were made via ACH in the third quarter of 2023, a 9.6 percent increase from a year earlier, per NACHA, which governs the ACH Network.

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PYMNTS

MARCH 1, 2018

NACHA and the Interactive Financial eXchange (IFX) Forum have announced plans to combine their organizations to improve the development of standardized Application Programming Interfaces (APIs). The organizations will be able to build relevant standards in existing and new business domains.”. IFX will also retain its own governing board.

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NACHA API ACH Network ACH 64

Stax

NOVEMBER 13, 2024

ACH credit payments are best for sending one-time payments whereas ACH debit payments are more suited for making regular payments, such as for monthly utility bills. All ACH payments are secure and reliable, available 24 hours a day, 7 days a week, and 365 days a year. Learn More What are ACH Credit Payments?

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