Same-day ACH payments soar
Payments Dive
APRIL 20, 2023
The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.
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Payments Dive
APRIL 20, 2023
The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.
Stax
MARCH 27, 2025
Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). EFT and ACH payments are fast, secure, and hassle-free. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations.
NACHA
AUGUST 8, 2024
8, 2024 – Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network. RESTON, Virginia, Aug.
Stax
NOVEMBER 13, 2024
Understanding ACH credit payments means understanding the way in which different types of ACH payments are processed in the US banking system. ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. Learn More What are ACH Credit Payments?
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
JULY 17, 2024
HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. billion ACH payments in the second quarter, an increase of 6.3% There were 8.3 trillion, a 7% increase.
NACHA
NOVEMBER 19, 2024
Nacha Welcomes Stripe as a Preferred Partner for ACH Experience mkahn@nacha.org Wed, 11/20/2024 - 01:01 Image Media Preferred Partner logo with Background
Payments Source
FEBRUARY 6, 2020
Nacha is readying its network to meet with the demands of its financial institution members.
Payments Dive
OCTOBER 20, 2023
Businesses are increasingly turning to same-day ACH payments this year, according to Nacha, a national clearinghouse that manages electronic money movement.
NACHA
MARCH 26, 2025
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Fintech Finance
AUGUST 7, 2024
Nacha announced that Visa , a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation. Once consumer-permissioned data is integrated, account and balance details can be instantly verified to facilitate faster ACH payment set-up and more seamless payment flows.
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).
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.
Fintech Finance
FEBRUARY 28, 2025
Nacha s newest Preferred Partner is ACI Worldwide , which joins as a Preferred Partner for ACH Experience/Fraud Monitoring/Risk and Fraud Prevention. Making the modern ACH Network even easier to use is a key priority at Nacha, said Jane Larimer, Nacha President and CEO.
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.”. The value of the payments was $4.5 local time.
NACHA
APRIL 22, 2024
Same Day ACH and B2B Propel ACH Network Growth in the First Quarter mkahn@nacha.org Tue, 04/23/2024 - 01:01 Image Media ACH Network Logo with background
NACHA
AUGUST 6, 2024
6, 2024 – Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner program for ACH Experience, Open Banking and Account Validation. RESTON, Virginia, Aug.
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. ET (1:45 p.m. PT), providing greater access for all ODFIs and their customers.”.
Agile Payments
JUNE 29, 2020
What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?
Agile Payments
JUNE 29, 2020
What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?
NACHA
MAY 7, 2024
Nacha Announces Orum as a Preferred Partner for ACH Experience and Nacha Certified droth@nacha.org Tue, 05/07/2024 - 07:45 Image Media Preferred Partner logo with Background
Agile Payments
APRIL 10, 2020
PCI compliance doesn't apply to ACH Payment Processing , but to utilize a processing platform that is PCI DSS Level 1 certified certainly doesn't hurt security measures around your ACH origination method.
Payments Dive
FEBRUARY 23, 2023
Last year’s same-day ACH limit increase helped nearly double that category’s total payment compared to 2021, Nacha said.
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
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. billion payments.
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 to $844 billion.
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.
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.
Payments Source
MARCH 13, 2019
After more than two years of successful operation in delivering Same-Day ACH payments, Nacha's request to add a third processing window has been denied by the Federal Reserve, which says it has to obtain public comment on the concept.
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% The average consumer commonly uses the ACH network for automated bill payments and larger transactions.
Clearly Payments
JANUARY 23, 2024
This article goes into the details of ACH and wire transfers, providing business owners and merchants with insights into their real-world applications. When it comes to electronic payments, two major players stand out in the United States: ACH transfers and wire transfers. of the total amount being transferred.
PYMNTS
NOVEMBER 15, 2016
The Electronic Payments Association, NACHA, has released volume data tied to the first calendar month of same-day ACH transactions. As has been reported, October marks the first full month of activity following the September 23 implementation of Phase I of the Same Day ACH movement, with an attendant goal of making payments faster.
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%
PYMNTS
OCTOBER 10, 2016
NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. Throckmorton explained that ISO 20022 is not new to NACHA; there’s been an increased interest from businesses to have this flexible option of using ISO formatted messages. via all banks and credit unions.
Payment Savvy
MAY 16, 2023
The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network. Instant ACH transfers have gained prominence as they cater to the increasing demand for expedited financial transactions.
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
Finextra
NOVEMBER 20, 2024
Nacha today announced Stripe as a Preferred Partner for ACH Experience. This partnership recognizes Stripe's commitment to providing seamless, efficient ACH payments and underscores its role in helping businesses reduce costs, grow revenue and operate more effectively on a fully integrated platform.
PYMNTS
OCTOBER 15, 2020
Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. Moving Beyond ACH . ACH, she said, has been growing by double-digit percentage points annually.
The Nilson Report
DECEMBER 12, 2024
The post Nacha Welcomes Stripe as a Preferred Partner for ACH Experience appeared first on Nilson Report.
NACHA
JULY 31, 2024
1, 2024 – Four new categories of Nacha Preferred Partners were unveiled today, doubling the number of categories available for organizations to showcase their leadership in the ACH Network. Nacha Preferred Partners offer products and services that align with Nacha’s core strategies to advance the modern ACH Network.
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.”.
PYMNTS
SEPTEMBER 18, 2020
Nacha , the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. Nacha was originally known as the National Automated Clearing House Association.
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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