article thumbnail

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.

NACHA 97
article thumbnail

Nacha's Phixius platform test adds Visa as partner

Payments Source

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

NACHA 118
article thumbnail

Nacha Provides Guidance On Voice Payments, Cybersecurity

PYMNTS

Nacha , the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. Nacha was originally known as the National Automated Clearing House Association. It was developed by the Cybersecurity Response Project Team.

NACHA 88
article thumbnail

NACHA Report: Inaugural Meeting Of API Standardization Industry Group

PYMNTS

National Automated Clearing House Association ( NACHA ) — the Electronic Payments Association — and the Payments Innovation Alliance recently released a summary report from the API Standardization Industry Group’s inaugural meeting, which took place in May. As such, they can help improve the safety, efficiency and speed of communications.

NACHA 74
article thumbnail

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

PYMNTS

That implies an ease of use while giving up nothing when it comes to security. The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal.

article thumbnail

NACHA Takes Collaborative Approach On API Standardization

PYMNTS

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. It’s going to be a large effort and a large group,” he said. “We

NACHA 75
article thumbnail

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. . Herd, said NACHA, will oversee the rules and risk functions.

NACHA 62