Tag: Blog
Members of Nacha’s Risk Management Advisory Group (RMAG) have noticed an increase in first-party fraud at their institutions, and Nacha representatives are fielding more questions on first-party fraud from other participants on the ACH Network.
The speed and scale of modern payment systems demand optimized operations. Yet many back-office workflows still rely on manual intervention for exception handling, returns and reconciliation.
With less than a year to go before new Nacha Rules take effect in March 2026, the time is now for financial institutions to be talking to their Originators about making sure they’re compliant on day one—or, even better, well in advance.
In today's fast-paced digital economy, speed is no longer a luxury—it’s an expectation.
Every day across the U.S., lots of healthcare professionals receive lots of insurance payments, and new Nacha research shows there’s one common thread.
If the phrase “proof of audit” sends shivers down your spine, now’s the time to get your house in order, because Nacha is on the verge of ramping up enforcement.
There are multiple reasons why Nacha’s new fraud monitoring rules are important, but perhaps nothing brings the point home better than a story William Mills told at Smarter Faster Payments Remote Connect 2025.
If you’re of a certain age and spent Saturday mornings in front of the TV, you probably remember “I’m Just a Bill” from “Schoolhouse Rock!” explaining how bills become laws.
Nacha’s Risk Retreat is not your typical learning experience.
NEW ORLEANS—Financial inclusion is an issue getting a lot of attention from regulators, lawmakers, bankers and others. Could digital assets be at least part of the solution?
If your bank or credit union has an item to return, wouldn’t you want it out the door ASAP? It can be done. Returns can go right out using same day processing windows. But that capability is being underutilized, and misconceptions appear to be a major reason why.
NEW ORLEANS—Open banking has a lot of moving parts, but at the end of the day it might well come down to two words: consumer acceptance.
NEW ORLEANS—If ever there was a case where misery loves company, it’s fraud.
“Fraud is a global issue. I think we all know it’s not just a domestic one in payments,” said Jane Larimer, Nacha President and CEO.
In today’s dynamic payments environment, in which payment mechanisms continue to evolve and the need for robust banking solutions is paramount, the importance of having a solid business banking program continues to be a priority for many financial institutions.
The number of businesses using both standard and Same Day ACH grew significantly from 2023 to 2024, a new Federal Reserve report found.
NEW ORLEANS—For all the talk that artificial intelligence will lead to more payments fraud, maybe it’s just the opposite.
NEW ORLEANS—A mom-and-pop restaurant is way different from a neighborhood lawn care company, which has little in common with the one-person consulting firm.
NEW ORLEANS—Jordan Bennett was working at the Federal Reserve when Hurricane Katrina slammed the Gulf Coast, and he remembers banks needing their ACH files as lines of communication were cut.
Cryptocurrency has evolved from a niche digital asset years ago into a disruptive force in financial services today. In its earliest days, it was seen as a speculative investment; it now plays an emerging role in payments, banking and global finance.