Articles from Nacha

Phixius by Nacha—a secure, peer-to-peer payment information network—announced today that ValidiFI is live on the Phixius network as an additional provider of bank account validation. Phixius now offers multiple providers of account validation, expanding the coverage of account validation data for Phixius users.

Phixius by Nacha (Phixius) — a secure, peer-to-peer payment information network — today announces a strategic collaboration with Kinexys Liink, the world’s first bank-led peer-to-peer data sharing network, part of Kinexys by J.P. Morgan. This collaboration establishes information exchanges between the two payment information networks, enhancing account validation coverage for financial institutions, fintechs and corporations.

Nacha announced today that LexAlign PBC is now a Preferred Partner for Compliance and Risk and Fraud Prevention.

The ACH Network began 2025 with impressive gains in both standard and Same Day ACH during the first quarter.

Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2024.

Nacha is proud to announce the recipients of its 15 Under 40 Awards for 2025, recognizing outstanding young professionals making significant contributions to the payments industry.

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, announced the winners of its first Spotlight! Payments Video Challenge.

Nacha announced today that Identifee has become a Nacha Preferred Partner for ACH Experience.

Nacha’s newest Preferred Partner is ACI Worldwide, which joins as a Preferred Partner for ACH Experience/Fraud Monitoring/Risk and Fraud Prevention.

Nacha has announced its Board of Directors for 2025, featuring experienced leaders from across the payments industry.

Today, in celebration of National AAP Recognition Day, Nacha proudly recognizes the achievements of 327 newly accredited ACH Professionals (AAPs) who earned their credential by passing the 2024 exam. They now join an esteemed network of 4,533 payments professionals nationwide who hold the AAP accreditation.

Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024.

Already named one of Virginia’s Best Places to Work for six consecutive years, Nacha’s recognition as an outstanding employer has now gone national.

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published Diving into the Fundamentals of Cryptocurrency as a Form of Digital Payment. This resource outlines definitions, process flows and the role of participants in cryptocurrency.

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published a new discussion guide, Let’s Talk Turkey, a resource aimed at helping family and friends discuss and avoid common scams targeting mobile devices. With an increasing number of fraudulent activities, including impersonation scams, unsolicited texts and unknown calls, the guide provides straightforward advice to help users identify and block these threats before falling victim.

Nacha today announced Stripe as a Preferred Partner for ACH Experience. This partnership recognizes Stripe's commitment to providing seamless, efficient ACH payments and underscores its role in helping businesses reduce costs, grow revenue and operate more effectively on a fully integrated platform.

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published Protecting Payments in the Quantum Era: What You Need to Know.

Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, will address the question “What is Pay by Bank?” through a new project team open to all existing and new Alliance members.

Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has published new materials aimed at raising awareness of AI-based scams, including a new report, Payments and Artificial Intelligence: Protecting Yourself Against AI-based Scams, focusing on protecting consumers from AI-based scams and what to do if you are approached or victimized by an AI-based fraud scheme, as well as a Did You Know? Fact Sheet that addresses the unique capabilities and challenges presented by generative and predictive AI technology.

Nacha is proud to welcome LexisNexis® Risk Solutions as the exclusive Preferred Partner in the category of Official Registrar of Routing Numbers. With its comprehensive and up-to-date routing data, LexisNexis® Risk Solutions joins a distinguished group of organizations working with Nacha to enhance the ACH Network's efficiency and reliability.

Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed.

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, is accepting submissions for its new Spotlight! Payments Video Challenge. Adults can win up to $6,500 for making a video that is 60 seconds or less that fits within this year’s theme, Stand Against Scammers.

Nacha’s newest Preferred Partner is Sardine, a leader in fraud and compliance solutions. Sardine joins a select group of organizations as a Nacha Preferred Partner in the categories of Compliance, Fraud Monitoring, and Risk and Fraud Prevention.

Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold 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 announced that Visa, a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation.

Nacha announced today that SouthState Bank has become its newest Direct Member. With SouthState Bank's addition, Nacha now has 46 Direct Members, which include financial institutions and Payments Associations.

Four new categories of Nacha Preferred Partners were unveiled today, doubling the number of categories available for organizations to showcase their leadership in the ACH Network.

Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published its Business Email Compromise Response Action Plan. This free publication not only offers guidance to companies that are victims of business email compromise (BEC) but also provides steps organizations can take to actively mitigate the potential for being a victim.

Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported.

Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has updated tools to educate the public and financial institutions about the prevalence of elder financial exploitation and how to assist account holders who may have been targeted.

Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published the Security Incident Response Procedure Guide for Companies. This free tool provides procedures and actions to take when a company reasonably suspects a security incident or breach involving personal or other proprietary data has occurred.

Nacha is pleased to announce that Kara Ford, Industry Relations Manager at the Federal Reserve, was named the winner of Nacha's inaugural 15 Under 40 Award, recognizing outstanding young professionals shaping the future of the payments industry. The award presentation took place during the Smarter Faster Payments 2024 conference.

In 1974 payday usually meant being handed a paper check—which was the same way most bills were paid. But in that year, a significant step was taken toward changing all of that when the National Automated Clearing House Association, or NACHA was formed.

Orum, which offers an API for fast, reliable payments, is now a Nacha Preferred Partner for ACH Experience and has also attained Nacha Certified status.

Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI, a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter.

They are among the best and brightest rising stars in the payments industry: the finalists in Nacha’s first 15 Under 40 Award.

Nacha’s Top 50 ranking of financial institution originators and receivers of ACH payments for 2023 was released today.

Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers). While the new rules do not shift the liability for ACH payments, for the first time receiving financial institutions (RDFIs) will have a defined role in monitoring the ACH payments they receive.

Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry by better meeting the needs of the modern ACH Network and the evolving payments industry worldwide, has released a new tool financial institutions can use to educate their customers about money mules.

It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits. A new campaign unveiled today by Nacha aims to educate and inform people on the many other ways to simplify their lives by making the best use of Direct Deposit.

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the year was up 4.8% from 2022 while payment value grew 4.4%. 2023 marked the 11th consecutive year in which ACH Network value has increased by more than $1 trillion.

Nacha is proud to announce it has been recognized for the sixth consecutive year as one of the Best Places to Work in Virginia by the Virginia Business Magazine and Best Companies Group.

Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.

Nacha is excited to announce the launch of the "15 Under 40" award, a prestigious honor recognizing the outstanding achievements of emerging leaders in the payments industry.

Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk management.

Nacha announced today that Goldman Sachs has joined its growing community of Direct Members. Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations.

Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023.

Today, Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders to transform the payments industry by cooperatively developing solutions, staying ahead of trends and unlocking the potential of the payments ecosystem, released a new tabletop exercise to help small to medium-sized businesses prepare for a cyberattack. The exercise is being offered as part of the Alliance’s Cybersecurity Awareness Month activities.

Nacha announced today USAA Federal Savings Bank (USAA) has joined as a Direct Member. Nacha now has 45 Direct Members, consisting of financial institutions and Payments Associations.

The use of Same Day ACH payments grew significantly in the first half of 2023, powering the modern ACH Network to help meet the nation’s needs for faster payments, Nacha reported today.

Nacha has named Jennifer Stokley, J.D., APRP, to the position of General Counsel. Stokley will join Nacha’s Executive Management Team where, among other duties, she will provide guidance for the legal foundation associated with the development, maintenance and enforcement of the Nacha Operating Rules.

Nacha's Payments Innovation Alliance, a membership program bringing together diverse global stakeholders to transform the payments industry by cooperatively developing solutions, staying ahead of trends and unlocking the potential of the ACH network, has created tools to educate financial institutions about the prevalence of elder financial abuse and how to assist account holders who may have been targeted.

CGI is now a Nacha Preferred Partner for Data Innovation. In becoming a Preferred Partner, CGI joins a select group of innovators whose offerings align with Nacha's strategies to advance the ACH Network.

The ACH Network began 2023 with solid growth in the first quarter, particularly in Same Day ACH where payment dollar values nearly doubled from a year earlier.

XMLdation is now a Nacha Preferred Partner for the Compliance and ACH Experience categories.

The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2022 are now available.

From many organizations shifting to working remotely to a spike in workers changing employers, the last three years have seen dramatic shifts in the American workplace. In the ever-changing workplace environment, employers continue to rely on payroll companies to ensure Americans get paid on time, every time, while complying with national and state laws and the rules that govern payment networks.

Nacha announced today the addition of Corporate America Credit Union as a Nacha Direct Member.

The modern ACH Network safely and efficiently processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021.

Nacha has again been named as one of the 2023 Best Places to Work in Virginia —for the fifth year in a row—by Virginia Business Magazine and Best Companies Group. Nacha governs the modern ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. Nacha also delivers education, accreditation, membership and advisory services.

Nacha today announced the addition of four new and two re-elected members to its Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.

Nacha has approved Nacha Certified status for CBIZ Human Capital Management (HCM), a provider of workforce management solutions.