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Nacha Adopts New Rules To Modernize ACH Payments

PYMNTS

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. In addition, the new rules make explicit which scenarios are not appropriate for reversing ACH payments.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. merchants accept touch-free payments.

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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

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. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

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NACHA Payments Explained: Achieving ACH Compliance & Efficiency

Paystand

Paystands integration simplifies ACH payments with automation, compliance, and security. What Is an ACH Payment? ACH payments are electronic transfers of funds between bank accounts using the Automated Clearing House (ACH) network. Common ACH payment types include direct deposits, bill payments, and B2B transactions.

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NACHA Payments Explained: Achieving ACH Compliance & Efficiency

Paystand

Paystands integration simplifies ACH payments with automation, compliance, and security. What Is an ACH Payment? ACH payments are electronic transfers of funds between bank accounts using the Automated Clearing House (ACH) network. Common ACH payment types include direct deposits, bill payments, and B2B transactions.

NACHA 40
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Staffing Changes And New Initiatives Announced At NACHA

PYMNTS

NACHA, the Electronic Payments Association, announced Friday several staffing changes along with realignment of some responsibilities – efforts the overseer of the ACH network said would dovetail with new strategic directions. . Larimer had previously served as executive vice president of ACH network services and general counsel.

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Fed Seeks Comment On New Operating Hours For Fedwire Funds

PYMNTS

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. “On Sept.

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