Unifits is now a Nacha Preferred Partner for ISO 20022 Payment Testing Automation. In becoming a Preferred Partner, Unifits 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.

Today, Nacha's Payments Innovation Alliance announced its 2022-2023 Advisory Committees. Working with Nacha staff, the Advisory Committees serve a leadership role to identify and address some of the most important issues facing the payments industry and provide strategic direction to the Alliance.

Feb. 8 is National AAP Recognition Day, when we recognize the 4,500 payments professionals who have earned this prestigious accreditation.

Nacha announced today the addition of Webster Bank as a Nacha Direct Member. Nacha has more than 40 Direct Members, consisting of financial institutions and Payments Associations (PAs) that collectively represent nearly all financial institutions across the United States.

ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.

Nacha today announced its 2022 Board of Directors. These Board members are all senior executives representing different sizes and types of financial institutions that utilize the ACH Network and who bring diversity in thought, experience and perspective to Nacha.

Nacha has been named one of the Best Places to Work in Virginia for a fourth year in a row by Virginia Business Magazine and Best Companies Group.

Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021.

Advanced Fraud Solutions is now a Nacha Preferred Partner for Account Validation. In becoming a Preferred Partner, Advanced Fraud Solutions 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.

Nacha’s Phixius platform announced interested parties can participate in its Account Ownership Verification Application, which will be available in the first quarter of this year.

Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study.

Nacha’s Payments Innovation Alliance Conversational Payments and the Cybersecurity Response (CPCR) Project Team released “Unwrapping Smart Speakers,” an online guide with simple steps for consumers to protect their privacy and keep them safe regarding smart speaker use.

Today, Nacha announced the release of the Payments Innovation Alliance's 2021 Annual Report, detailing how the Alliance continued to offer critical thought leadership on emerging topics impacting the payments industry this year.

Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha today announced that Aliaswire will join the Phixius Peer-to-Peer Network for the exchange of payment-related data. 

Afinis Interoperability Standards released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation. Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.

Nacha has named Dan Roth to the position of Senior Director, Communications.

Nacha has approved Nacha Certified status for Netchex, a provider of payroll and human resources services. 

With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. 

The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.

The APRP exam tests for comprehensive risk management knowledge across all payment types, including check, wire, debit, credit and prepaid cards, emerging and alternative payments, and ACH.