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) ...
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 electronic payments association, has notified banks that it is moving forward with a controversial proposal to require them to pay a fee for initiating automated clearing house transactions ...
Nacha, the electronic payments association, has approved a rule designed to make international automated clearing house transactions easier for government agencies to monitor for signs of terrorism or ...