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.

NACHA 113

NACHA ACH Rules Nacha Operating Rules 113

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.

NACHA 62

NACHA ACH Network Nacha Operating Rules ACH 62

PYMNTS

DECEMBER 3, 2020

Nacha Drives Corporate ACH Adoption. Nacha is rolling out a new resource center designed to help corporates embrace the ACH Network. The new payment rail supports interbank, peer-to-peer, person-to-business and business-to-business transactions, and can handle up to 5 million transactions per day.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

OCTOBER 6, 2020

Nacha Adopts Eight ACH Payment Updates. Nacha has adopted eight updates to the Nacha Operating Rules that the group, which enables Automated Clearing House (ACH) payments, said will help modernize the payment style.

Contactless Payments 96

Contactless Payments Innovation NACHA Nacha Operating Rules 96

PYMNTS

MAY 10, 2019

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.

FedWire 51

FedWire Same Day ACH Federal Reserve Nacha Operating Rules 51

PYMNTS

JULY 28, 2016

At its core, Jan Estep, President and CEO of NACHA , explained that ISO 20022 is all about creating a standardized approach to building messaging standards across financial services. Another big confusion point for ISO 20022 is its application to ACH – and now Same Day ACH. NACHA calls this work integration.

ISO 20022 40

ISO 20022 ISOs NACHA ACH 40

Payment Savvy

NOVEMBER 10, 2022

Before diving deeper into SEC codes, let’s take a minute to better understand ACH transactions – if you’ve already worked with ACH transactions and have an idea about what is involved in them, you can skip this section and go straight to SEC codes. Using the wrong SEC code can also result in an ACH return.

SEC Codes 52

SEC Codes ACH ODFI Wire Transfer 52