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Nacha Adopts New Rules To Modernize ACH Payments

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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.

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Nacha Provides Guidance On Voice Payments, Cybersecurity

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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.

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NACHA Report: Inaugural Meeting Of API Standardization Industry Group

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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. The question remains.

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NACHA Takes Collaborative Approach On API Standardization

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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. . API technology is not new, but if you have bilateral agreements, it’s very hard to scale.” . financial services space.

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

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Getting there is a long road with many twists and turns, with guidance provided not only by back-end technology but also by updated rules from organizations with a governing role across the payments industry. New NACHA Rule. The rule change is the subject of a recent white paper published by GIACT.

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Business Payments Directory Association Now Part Of NACHA

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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. By combining resources with NACHA, today we are even closer to making this a reality.”.

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NACHA Reports Faster Payments Playbook Details

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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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