PYMNTS
MARCH 5, 2018
NACHA , the electronic payments association, announced that banks and credit unions have registered 9,403 third-party senders as of the March 1, 2018 deadline. In a press release , NACHA said the rule, which took effect on Sept. In a press release , NACHA said the rule, which took effect on Sept.
The Paypers
DECEMBER 13, 2018
(The Paypers) US-based B2B payments company Bill.com has announced that it has received NACHA certification as an ACH third-party sender.
The Paypers
MAY 1, 2018
(The Paypers) Official Payments , an ACI Worldwide company, and Paychex have joined First Data’s TeleCheck and Payment Data Systems as Third-Party Senders that have become NACHA Certified.
PYMNTS
FEBRUARY 9, 2017
NACHA has grown considerably in the past 25 years,” said Stone. “As As the NACHA Rules have evolved, so has the concept that the Standard Entry Class can be used to determine how an ACH Entry is handled.” Stone, who has worked with NACHA and ACH processing since 1980, has the historical perspective needed to make such observations.
PYMNTS
OCTOBER 13, 2017
As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. The rule mandates that financial firms originating ACH transfers must identify and register their third-party sending customers with NACHA.
PYMNTS
JUNE 29, 2018
As VPay continues that effort, the company recently announced it received certification from NACHA as a third-party sender, a significant vote of confidence for the ACH rail in insurance B2B payments. “That’s the difficult part.” “That’s a positive, in general, for the B2B space.
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