PYMNTS

OCTOBER 4, 2020

Nonprofit Nacha , which enables Automated Clearing House ( ACH ) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. Nacha will now have more authority to enforce rules on "egregious violations," according to the release.

NACHA 113

NACHA ACH Rules Nacha Operating Rules 113

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. Further, Nacha said, the survey revealed AP professionals are facing increasing fraud attempts that target AP processes specifically. But accounts payable is far from the only back-office financial workflow at risk of fraud.

B2B 116

B2B Email Compromise NACHA Small Business 116

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Nacha Drives Corporate ACH Adoption. Dollar Coin (USDC) on the ethereum blockchain.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

OCTOBER 15, 2020

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. To see all prior programming on demand, please visit PYMNTS TV and the B2B channel.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. billion payments, up 7.7

NACHA 52

NACHA Phixius B2B Same Day ACH 52

PYMNTS

SEPTEMBER 14, 2018

NACHA has tapped AeroPay Express as its newest Preferred Partner for B2B Electronic Payment Enablement, the organization said Thursday (Sept. As a Preferred Partner, AeroPay Express is part of a larger group that supports NACHA’s efforts to promote payments innovation.

NACHA 49

NACHA B2B Payer Payments 49

PYMNTS

JANUARY 15, 2018

That rings especially true in the areas of B2B payments and cross-border payments, which are complex, require the movement of data along with funds, and often involve multiple parties that have to all be on the same page about a transaction. 145 billion: the value of cross-border B2B payments as of December 2017.

API 77

API B2B Same Day ACH Payment APIs and Integration 77

PYMNTS

OCTOBER 1, 2018

NACHA — The Electronic Payments Association , announced Monday (Oct. 1) that the Business Payments Directory Association (BPDA) will become an independent, member-led, self-governed group under the NACHA organization. The] BPDA was formed to bring to market the B2B directory,” said Lawrence Buettner, BPDA chairman. “By

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NACHA Business Payments Payee ACH 56

Payments Dive

FEBRUARY 23, 2023

Last year’s same-day ACH limit increase helped nearly double that category’s total payment compared to 2021, Nacha said.

ACH 97

ACH Same Day ACH NACHA B2B 97

PYMNTS

MARCH 27, 2017

As banks, FinTechs and a variety of software development firms explore the waters of payments and information exchange and collaboration, NACHA says there is a new idea to consider: API standardization. . financial services space.

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NACHA API ACH Network ACH 75

NACHA

APRIL 22, 2024

Same Day ACH and B2B Propel ACH Network Growth in the First Quarter mkahn@nacha.org Tue, 04/23/2024 - 01:01 Image Media ACH Network Logo with background

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Same Day ACH ACH Network ACH B2B 136

PYMNTS

APRIL 15, 2016

New data from NACHA offered insight into the growth of ACH payments in 2015 and found significant increases in the use of ACH for B2B payments. An announcement on Thursday (April 14) by NACHA said ACH transaction volume increased by more than 5.6 It’s a sign that NACHA President and CEO Janet O.

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NACHA ACH B2B ACH Network 41

PYMNTS

NOVEMBER 27, 2020

Businesses are generally more familiar with the ins and outs of their B2B transaction processes and can therefore comprehend and anticipate some of the stumbling blocks that keep their payments in limbo for weeks at a time. percent during Q3 2020.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

NOVEMBER 30, 2017

NACHA has revealed news that B2B payments company Bottomline Technologies is its newest partner. 29), NACHA said Bottomline Technologies Paymode-X has been chosen as its Preferred Partner for Business-to-Business Payments. In an announcement made Wednesday (Nov. The world of payments is evolving.

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NACHA B2B Payments NOV 40

PYMNTS

NOVEMBER 15, 2016

The Electronic Payments Association, NACHA, has released volume data tied to the first calendar month of same-day ACH transactions. That matched its expectations for volume and value based on dialogues with industry stakeholders and also projected use cases, said NACHA. For the month, Same Day ACH was responsible for 3.8

Same Day ACH 56

Same Day ACH NACHA ACH Direct Deposit 56

PYMNTS

MAY 27, 2020

Despite some drawbacks, legacy rails have mounds of potential to tackle a multitude of B2B payments friction points. For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. Adflex Eyes Card Rails For B2B.

Blocks 92

Blocks NACHA RTP Disaster Recovery 92

PYMNTS

NOVEMBER 19, 2018

NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. Our goal is to be thoughtful and inclusive as we look to build resources that can serve the entire financial services ecosystem.

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NACHA Faster Payments Risk Mitigation Payments 63

PYMNTS

NOVEMBER 16, 2016

NACHA, the payments association behind the ACH network, said Tuesday that 3.8 And, agreed Webster and Estep, B2B payments at 36 percent of volume (and $2.8 If you build it, they will come. And pay the very same day. million same-day transactions occurred in October, the first full month after the initial Sept. million transactions.

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NACHA Faster Payments Same Day ACH ACH Network 66

PYMNTS

AUGUST 12, 2020

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. Separately, NACHA released new data on ACH payments adoption and noted that ACH volume in the United States expanded by 7.9

Phixius 79

Phixius ISO 20022 Payments Data NACHA 79

PYMNTS

SEPTEMBER 14, 2018

NACHA — The Electronic Payments Association said the value of the payments was $4.5 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. In July, NACHA announced that debit and credit transactions totaled more than 5.7

NACHA 49

NACHA ACH Same Day ACH Volume 49

PYMNTS

MAY 2, 2019

NACHA has announced that MicroBilt is a preferred partner for bank account verification. A press release issued Wednesday (May 1) said MicroBilt is joining NACHA’s Preferred Partners community, a group of service providers that NACHA says support the payments ecosystem with their solutions.

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NACHA Verification Accounts Account Validation 49

EBizCharge

JULY 16, 2024

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. What is NACHA? Data security NACHA imposes stringent requirements to protect sensitive financial data.

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NACHA Nacha Rules ACH Network ACH 52

Paystand

JANUARY 15, 2025

Common ACH payment types include direct deposits, bill payments, and B2B transactions. ACH payments are electronic transfers of funds between bank accounts using the Automated Clearing House (ACH) network.

NACHA 40

NACHA ACH Nacha Operating Rules Compliance 40

Paystand

JANUARY 15, 2025

Common ACH payment types include direct deposits, bill payments, and B2B transactions. ACH payments are electronic transfers of funds between bank accounts using the Automated Clearing House (ACH) network.

NACHA 40

NACHA ACH Nacha Operating Rules Compliance 40

PYMNTS

NOVEMBER 2, 2018

NACHA – The Electronic Payments Association – announced Thursday (Nov. In a press release , NACHA said the performance was driven, in part, by business-to-business (B2B) and online payments. In a press release , NACHA said the performance was driven, in part, by business-to-business (B2B) and online payments.

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ACH Network ACH NACHA Same Day ACH 67

PYMNTS

OCTOBER 6, 2020

Boost said it’s the only FinTech acquirer that is geared toward B2B payments. Nacha Adopts Eight ACH Payment Updates. Nacha has adopted eight updates to the Nacha Operating Rules that the group, which enables Automated Clearing House (ACH) payments, said will help modernize the payment style.

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Contactless Payments Innovation NACHA Nacha Operating Rules 96

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency.

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B2B Same Day ACH Innovation NACHA 55

PYMNTS

OCTOBER 8, 2018

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Making B2B Payments Rails Hot. Today, a host of innovators are making B2B payments rails sexy again too. Last Thursday in New York, we had that debate, live, as part of the closed-door B2B Payments Summit hosted by PYMNTS.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

JANUARY 28, 2020

1, a move that could encourage broader use of RTP in the B2B payments arena. While RTP emerged as a new payment rail to address payment friction, NACHA, which manages the ACH payment rail, announced that its newest service on the legacy payment network, Same Day ACH, is helping to accelerate adoption of the rail. percent jump.

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Same Day ACH RTP NACHA ACH 79

PYMNTS

NOVEMBER 5, 2018

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. NACHA said 43.2

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. B2B Drives ACH Volume Up. and abroad.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

APRIL 21, 2020

Leavitt said the current climate presents the opportunity for B2B payments volume to shift to the card rails, while enabling businesses to access much needed credit at the same time. NACHA Notches ACH Growth. The most recent figures for ACH adoption released by NACHA were promising, with the ACH Network recording a 7.1

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NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

SEPTEMBER 11, 2017

Even as B2B payments progresses toward digitization, paper checks stick around. Meanwhile, commercial cards, while they can help digitize B2B payments, remain pretty low on the totem pole of accounts payable payment rails. Research from NACHA found accounts receivable professionals expect cards to account for 12.5

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B2B Commercial Card Payments ACH 66

PYMNTS

APRIL 17, 2017

On Friday (April 14), NACHA released more stats about ACH to explore how businesses are using the payment rail — same-day or not. trillion, NACHA said. 2016 marked a significant year for the continued evolution and growth of the ACH Network,” said NACHA President and CEO Janet O. billion, worth a collective $43.7

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Same Day ACH NACHA ACH ACH Network 40

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

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B2B Same Day ACH ACH Commercial Card 65

PYMNTS

JANUARY 18, 2018

According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate. NACHA reported same-day ACH debit and credit transactions hit 15.2 At that time, NACHA said the total number of same-day ACH transactions reached 75.1 billion transferred.

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NACHA ACH Same Day ACH Transactions 43