Tag: Blog
New Year’s Day 2021 brings with it a change to the Nacha Operating Rules. If you haven’t already, the time to familiarize yourself is now.
File holders, you know who you are, but for those who don’t, allow us to explain.
Property management is a big business that handles a lot of money, with managers collecting rents from tenants and then forwarding the funds to owners. As payments increasingly move online and away from paper checks, a fair share of those funds flow through the ACH Network.
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments.
There is no doubt that COVID-19 has impacted the way financial institutions are handling payments and payment controls.
In the U.S., pandemic-related lockdowns brought much of the economy to a standstill, and people largely shifted their activity online.