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. The amendments concern Same Day ACH and new ways of making ACH payments easier to use, the release stated.
PYMNTS
JULY 28, 2016
to leverage ISO 20022 payment message standards for the payment itself and for remittance, without forcing everyone to make changes to the ACH formats and continue with existing NACHA Operating Rules ,” Estep said. NACHA calls this work integration.
Payment Savvy
NOVEMBER 10, 2022
Instead, they are under the jurisdiction of NACHA (The National Automated Clearing House Association), which establishes the rules and regulations that all the institutions that are part of the network follow. When it comes to an ACH transaction, there are two main participants.
Expert insights. Personalized for you.
113 
Let's personalize your content