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NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments

Agile Payments

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

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1-NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments

Agile Payments

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

NACHA 88
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SMBs Gear Up For Phase Two Of Same-Day ACH Rollout

PYMNTS

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

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.

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NACHA’s Payments Innovation Alliance Expands

PYMNTS

.” Last year, Casali spoke with PYMNTS about the industry’s progress toward Same-Day ACH, and how companies can avoid “Y2K-like anxiety” about the shift. “It ended up being a whole lot of nothing,” said Casali of the Y2K fear.

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Taking The Y2K Fear Factor Out Of Same Day ACH

PYMNTS

In addition to helping member financial organizations stay on top of changes to ACH, Casali said NEACH also helps them stay compliant with local laws and serves as a resource for members to gain a clear understanding about what the rules mean for their particular businesses.

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NEW REPORT: With Zelle, FIs Looking To Be Everyone’s P2P Bae

PYMNTS

News from Around the World of Faster Payments: Over the past few weeks, several companies rolled out their own faster payment services, and the second phase of Same Day ACH officially went live. On September 15, 2017, Phase 2 of NACHA’s same-day ACH rule change went into effect, enabling same-day ACH debits.

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