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ACH Network Payment Volume Jumps Almost 7 Percent In Q3

PYMNTS

The ACH network is thriving,” said Jane Larimer, chief operating officer of NACHA, in the press release. “Governments, financial institutions, businesses and consumers are all reaping the benefits the ACH network provides.”. billion ACH debit and close to 2.3 billion ACH debit and close to 2.3

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ACH Network Processed 21.5B Transactions in 2017

PYMNTS

New data shows that the ACH Network processed 21.5 billion transactions valued at more than $46.8 It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. billion transactions); a 5.8

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NACHA ACH Payments Volume Tops 2 Billion

PYMNTS

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. The ACH Network is thriving, and has achieved a milestone of more than 2 billion payments in one month,” said Jane Larimer, chief operating officer of NACHA. “The

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Forty Is The New Faster (Payments)

PYMNTS

More than 40 years after its debut, the Automated Clearing House Network becomes the first payments system in the country to offer ubiquitous faster payments to every consumer and business in the U.S. Same Day ACH Phase Two is all about debits — to be enabled by all banks in the U.S. via all banks and credit unions.

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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

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NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)

PYMNTS

According to the data, the number of ACH transactions in 2016 topped 25.6 2016 marked a significant year for the continued evolution and growth of the ACH Network,” said NACHA President and CEO Janet O. Overall, B2B payments make up 15 percent of ACH Network volume, NACHA found. trillion, NACHA said.

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How to Stay Compliant with NACHA Requirements

EBizCharge

The National Automated Clearing House Association (NACHA) governs the operation of the Automated Clearing House (ACH) network , a centralized system financial institutions use to facilitate electronic payments and transactions across the U.S.