say it does. Clint Blaylock, the company's vice president of operations, said ACH Federal has the first automated clearing house system built from the ground up to comply with recent rules by Nacha, ...

While the new rules apply to ACH payments, their principles and techniques are more broadly applicable to all types of credit-push payments. Nacha governs the thriving ACH Network, the payment ...

Nacha has approved eight amendments to its operating rules governing the use of ACH payments. The amendments were approved as part of Nacha’s strategy to modernize the ACH network through ...

Lastly, the new rules define and make explicit the scenarios in which reversing ACH payments are not valid; and enhancing Nacha’s authority to enforce the rules for egregious violations.

Nacha, the electronic payments association ... designed as an incentive for financial institutions to more closely monitor third-party payment networks. "These rules show that financial institutions ...

Herndon, Va.-based NACHA posted its proposal to amend its operating rules to address mobile payments, along with a request for comments, on its Web site Sept. 1 and will take comments until Oct. 16.

Nacha operates one of the major networks that carries electronic financial transactions between banks and payments services providers. It is responsible for the rules and standards that are used ...

HERNDON, Va., May 20, 2021 /PRNewswire/ -- Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021.

Also under Larimer’s leadership, a risk framework and related Nacha Operating Rules were established, the Accredited Faster Payments Professional (AFPP) Program was developed, and Phixius grew ...