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.

Same Day ACH 83

Same Day ACH ACH Network ACH Volume 83

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

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 125

NACHA Same Day ACH ACH Payments 125

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

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.

NACHA 62

NACHA ACH Network ACH Product 62

Stax

SEPTEMBER 17, 2024

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. A typical ACH transaction is like a machine with multiple moving cogs.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Finextra

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.

NACHA 52

NACHA Account Validation ACH Digital Payments 52

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%

ACH 78

ACH NACHA ACH Network Volume 78

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.

NACHA 88

NACHA FedNow ACH Network ACH 88

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

Same Day ACH 135

Same Day ACH ACH Network ACH B2B 135

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.

NACHA 57

NACHA ACH Network Accreditation Innovation 57

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. They accounted for 93.1%

ACH Origination 70

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.

Same Day ACH 59

Same Day ACH ACH NACHA ACH Network 59

NACHA

JULY 20, 2023

Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: “Nacha congratulates the Federal Reserve on the launch of FedNow.

NACHA 52

NACHA FedNow Same Day ACH Federal Reserve 52

Paystand

AUGUST 28, 2024

Responsibilities of an Originator Benefits of ACH Payments for Enterprise Originators Forms of Authorization Required for ACH Transactions Frequently Asked Questions Conclusion and Call to Action What Is a Receiver?

ACH Origination 40

ACH Origination ACH Origination Nacha Rules 40

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.

Same Day ACH 76

Same Day ACH NACHA ACH ACH Network 76

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

Federal Reserve 85

Federal Reserve NACHA Settlement ACH Network 85

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.

ACH 97

ACH Same Day ACH NACHA B2B 97

EBizCharge

MAY 8, 2024

ACH fees may not seem like much, but they can make a big difference for even the most prominent businesses. While ACH transactions are everywhere these days, understanding these fees can still feel like navigating a maze. What is ACH? What are ACH processing fees?

ACH 52

ACH Checks Process ACH Network 52

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.

NACHA 52

NACHA ACH Network ACH Payments 52

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.

NACHA 52

NACHA ACH Network ACH Innovation 52

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

Same Day ACH 129

Same Day ACH ACH Network ACH Payments 129

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.

NACHA 118

NACHA Phixius ACH Network ACH 118

Agile Payments

JUNE 29, 2020

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

NACHA 88

NACHA ACH Nacha Rules ACH Rules 88

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.”.

Same Day ACH 76

Same Day ACH NACHA ACH Fed 76

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.

NACHA 52

NACHA ACH Network ACH Innovation 52

Agile Payments

JUNE 29, 2020

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

NACHA 88

NACHA ACH Nacha Rules ACH Rules 88

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.

ACH 88

ACH PCI DSS ACH Origination NACHA 88

Payments Source

FEBRUARY 6, 2020

Nacha is readying its network to meet with the demands of its financial institution members.

NACHA 125

NACHA Faster Payments ACH Payments 125

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.

ACH 52

ACH Transactions ACH Network NACHA 52

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.

Wire Transfer 83

Wire Transfer Wires Wire ACH 83

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.

Same Day ACH 65

Same Day ACH NACHA ACH FedWire 65

EBizCharge

SEPTEMBER 18, 2024

Automated Clearing House (ACH) transactions are revolutionizing how businesses and consumers transfer money, offering a variety of payment types to meet diverse needs. Recognizing the different types of ACH payments and their relevant codes is crucial for navigating this complex landscape. What are ACH payments?

ACH 52

ACH IAT ACH Network Direct Deposit 52

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.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Nanonets

MARCH 20, 2023

What are ACH payments? ACH (Automated Clearing House) payments are electronic fund transfers that use the ACH network to move funds between bank accounts in the United States. The ACH network is managed by NACHA, which was earlier known as the National Automated Clearing House Association.

ACH 52

ACH Same Day ACH ACH Network NACHA 52

Stax

JUNE 27, 2024

If you’ve been accepting and using electronic payments in your business, you’ve probably come across two of the most popular terms in the digital payments scene— automated clearing house (ACH) and wire transfer. Global ACH is available but only for bank-to-bank networks Wire transfers have no geographic limitations.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Fintech Finance

AUGUST 19, 2024

Unit21 , a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions.

ACH 52

ACH Fraud Prevention AI FinTech 52