ACH Central

The ACH Network had another remarkable year in 2019, as transactions continued to rise both in volume and in value. According to Nacha, there were 24.7 billion payments on the ACH Network, an increase of 7.7 percent over 2018. The value of those payments totaled $55.8 trillion, a nearly nine percent increase from 2018.

Risk management is a constant, ever-growing concern for most financial institutions. So when it comes to mitigating ACH risk, it all starts with a strong foundational knowledge of the rules and regulations. Here are a few useful tools you can use to stay in the know.

Same Day ACH continues to gain acceptance since its launch in September 2016. SDA transactions increased to 178 million in 2018, 137 percent more than in 2017 – SDA’s first full year. And now, Nacha is set to begin rolling out additional Same Day ACH enhancements.

In addition to leading Nacha’s ACH payments initiatives, Larimer – the organization’s former COO and General Counsel – will be a featured speaker at Catalyst Corporate’s 2019 Economic and Payments Forum this fall. In her first interview as Nacha CEO, she shared her views on the ACH network, the future of payments and her vision for Nacha.

There’s a lot of talk about accelerating payments today, and it can be confusing. In addition to NACHA’s Same Day ACH initiative, a new real-time payments network (RTP) is on the scene, and the Federal Reserve is evaluating faster payments processes. What’s the difference?