Purpose-built protection for NACHA- and Federal Reserve–regulated payment data supports compliance, risk reduction, and ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Implemented in mid-September 2022, the Federal Reserve and The Clearing ...
On May 19, NACHA adopted a rule enabling the same-day processing and settlement of most types of ACH payments (same-day rule). In 2012, NACHA had proposed an Expedited Processing and Settlement (EPS) ...
RESTON, Va., October 16, 2025--(BUSINESS WIRE)--New figures from Nacha confirm that businesses and other organizations continue to shift their business-to-business payments from checks to ACH. Overall ...
A new plan at NACHA to merge elements of the automated clearing house network with elements of check imaging could allow banks to clear checks more cost-efficiently but may also turn out to be a ...
NACHA, the regulator for the automated clearing house network, announced on Tuesday it has launched a long-awaited pilot for a payment method that would let banks convert low-value consumer checks ...
Update: The Federal Reserve received forty comments in response to its request. A majority of the commenters supported both mandatory participation by RDFIs and the same-day fee payable by ODFIs to ...