Tag: ACH
When Nacha says “Direct Deposit Delivers” we mean it. A new paper from the federal government helps back that up.
Nacha is requesting industry comment on nine proposals to amend the Nacha Rules. These proposals concern risk management and are substantially oriented towards reducing the incidence of successful fraud and improving the recovery of funds within the ACH Network.
March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date.
This 4th Edition update provides a review of the variations in legal requirements and processing obligations relating to the origination of ACH entries when a Third-Party Sender is involved in the origination of transactions through the ACH Network.
When Nacha says the modern ACH Network is thriving, we always have figures to back that up. The Federal Reserve recently gave us some additional evidence of just how accurate that statement is.
(L-R) Luis Guzman, Dave Glaser and Serenie Gagon
LAS VEGAS—You’re at the online checkout ready to complete your purchase. How do you pay?
LAS VEGAS—Expect the forward-thinking, collaborative approach to payments innovation to continue, as the evolution of the payments industry remains in full swing, Nacha leaders told the opening session of Smarter Faster Payments 2023.
The one-year anniversary of Same Day ACH’s $1 million limit is March 18.
Direct Deposits and Direct Payments are the smart and convenient way businesses, individuals, and government entities safely send and receive payments.
The Risk Management Advisory Group (RMAG) recently released blogs offering a checklist approach for Originators and for