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

MAY 10, 2019

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as feedback on a possible new posting time for transactions, and an increased daylight overdraft fee. “On Sept.

FedWire 51

FedWire Same Day ACH Federal Reserve Nacha Operating Rules 51

PYMNTS

DECEMBER 3, 2020

Reports noted the collaboration means the three partners will have access to real-time transaction capabilities via their combined resources of participating banks, money transfer operators and other financial service provdiers. Nacha Drives Corporate ACH Adoption. CardUp Mixes Rails To Enable Card Payments.

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. EE Joins Forces With Square for UK SMB Contactless Payments.

Contactless Payments 96

Contactless Payments Innovation NACHA Nacha Operating Rules 96

PYMNTS

JULY 28, 2016

The standard isn’t related to any one organization or segment, it was created by the International Organization for Standardization for many global transactions. 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