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Nacha Announces Visa as Preferred Partner

Fintech Finance

Nacha announced that Visa , a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation. We are pleased to welcome Visa as a Nacha Preferred Partner,” said Jane Larimer, President and CEO of Nacha.

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Webinar: Preparing for the Accredited Faster Payments Professional (AFPP) Exam

Faster Payments Council

Join us for an upcoming Nacha/FPC webinar on Tuesday, October 8 from 12:00pm-1:00pmCDT. Nacha and the U.S. Attendees will come away with an understanding of the benefits of becoming an AFPP, continuing education requirements, and where to acquire training and education for the exam. The first exam will be held in February 2025.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

Boost said it’s the only FinTech acquirer that is geared toward B2B payments. Nacha Adopts Eight ACH Payment Updates. Nacha Adopts Eight ACH Payment Updates. Boost Payment Solutions Founder and CEO Dean M. The amendments regard Same Day ACH and new methods of making ACH payments simpler to use.

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NACHA acquires Business Payments Directory Association

The Paypers

(The Paypers) US-based NACHA , which manages the nation’s ACH network, has acquired Business Payments Directory Association (BPDA).

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'Faster Pay' Will Increase Fraud Risk, But There's Hope

Payments Source

While beneficial for businesses and consumers, Nacha's new rule for same day transactions will require banks and other financial institutions to review thousands of additional transactions per day, leading to a significant increase in costs, not to mention an increased potential for fraud due to volume and rapidness of review.

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NACHA to acquires Business Payments Directory Association

The Paypers

(The Paypers) NACHA has announced that the Business Payments Directory Association will become an independent, self-governed group under the NACHA organization.

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100+ Payment Industry Terms Explained in Plain English

Clearly Payments

The payment industry is packed with jargon that sounds like it was made to confuse youterms like interchange optimization, chargeback ratio, and merchant acquirer get thrown around like everyones supposed to know what they mean. Acquirer (Acquiring Bank) The bank or processor that works with the merchant. And thats okay.