Tag : ACH Network

Nacha's Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network
Digital Payments News

Nacha’s Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network

Fintech News Desk
by Fintech News Desk0
Nacha‘s Payments Innovation Alliance has created a new resource aimed at financial institutions, billers and payments processors. Voice Payments: Guide to Nacha’s Operating Rules identifies the most common conversational payments use cases, offers answers to frequently asked questions and assists in determining the Standard Entry Class (SEC) Codes for consumer bill payment......
Socure Upgrades KYC Solution to Maximize Accuracy of Identity Verification and Ensure Continuous Compliance
Finance Fintech News

Socure Launches New Account Validation Solution

Fintech News Desk
by Fintech News Desk0
Socure Account Intelligence Enables Real-Time Bank Account Ownership Verification and Fraud Reduction for Financial Institutions, Enterprises, and Government Agencies Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered the payment risk space with the introduction of its newest product, Socure Account Intelligence. The product......
Same Day ACH Expansion to $1 Million Begins Today
Digital Payments News

Same Day ACH Expansion to $1 Million Begins Today

Fintech News Desk
by Fintech News Desk0
Expects to Achieve 23 Exahash Per Second, or 800 Megawatts (“MW”), of Mining Capacity Deployed by 2025 Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments......
Nacha Names Modern Treasury as a Preferred Partner for Payment Operations
Digital Payments News

Nacha Names Modern Treasury as a Preferred Partner for Payment Operations

Fintech News Desk
by Fintech News Desk0
Nacha announced it named Modern Treasury as a Preferred Partner for Payment Operations. In becoming a Preferred Partner, Modern Treasury joins a select group of creators and entrepreneurs that Nacha recognizes for offering products and services aligned with Nacha’s core strategies to advance the ACH Network Nacha announced it named......
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100 Million Mark
B2B Digital Payments News

ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100 Million Mark

Fintech News Desk
by Fintech News Desk0
With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021. There were 7.3 billion payments on the ACH Network in the third quarter, 520 million more than a year......
Nacha Partners With Fintech Meetup To Offer Exclusive Benefits To Members Participating In Fintech Spring Meetup Event
Fintech News

Nacha Partners With Fintech Meetup To Offer Exclusive Benefits To Members Participating In Fintech Spring Meetup Event

Fintech News Desk
by Fintech News Desk0
Fintech Spring Meetup to Arrange 10,000+ Meetings for 1,000+ Fintech Industry Professionals June 15-17, 2021 Nacha, which governs the thriving ACH Network, and Fintech Meetup, the newest event from fintech and events industry pioneer Anil D. Aggarwal, are partnering on Fintech Spring Meetup, to be held online on June 15-17, 2021.......
ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit
Banking Digital Payments News

ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit

Fintech News Desk
by Fintech News Desk0
Statement from Nacha, the Administrator of the ACH Network, on the Passage of the American Rescue Plan Act President Biden has signed into law the American Rescue Plan Act, which provides for direct payments to many Americans. These payments will largely be delivered electronically by Direct Deposit over the ACH......
Nacha Records Surging Payment Volumes
Banking Business Fintech News

Nacha Records Surging Payment Volumes

Fintech News Desk
by Fintech News Desk0
Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. Read More: RIMES Appoints Former Nasdaq CIO Anna Ewing to its Board The 26.8 billion payments made on the ACH Network in 2020 is an increase of 8.2% over......
Nacha-Announces-Finicity-as-a-Preferred-Partner-for-Account-Validation
Banking Fintech Investment Services News

Nacha Announces New Officers and Directors for 2021

Fintech News Desk
by Fintech News Desk0
Nacha today announced its newest Board Members. Seven senior executives began terms as Nacha Directors Jan. 1, 2021. These individuals include one current Director who returned to the Board for another term and six individuals who are new to the Nacha Board. Read More:  DeFi Platform OIN Finance Integrates With......
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