Nacha: Adopts Rules for the Ongoing Modernization of ACH Payments

  • Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments
  • Many of the changes reflect a long-term strategy to modernize the ACH system
  • Most significantly, two of the rules provide businesses, financial institutions, payment providers and technology companies
  • Nacha and our members work to evolve the ACH ecosystem as new business needs arise and as technology changes
  • Other components of the new rules include reducing several administrative requirements associated with obligations
  • ACH Network will remain a compelling and effective payment choice for consumers and businesses
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...