Latest News

Economic Impact Payments Update

Updated 1/25/21: IRS Policy, FI Guidance, BIN Numbers, FAQs, & EIP Errors

EIP Payments Are Arriving, Effective Date Jan. 4

ACH Operations Bulletin #7-2020 - Nacha Provides Update on COVID-19 Relief and Upcoming Effective Dates

How to Handle ACH Processing Delays Due to Severe Weather

With hurricane and storm season here, we want to remind you of the Excused Delay provision of the Nacha Operating Rules (Section 1.5). This is a reminder of the steps that you should take if your ACH entries or returns processing is affected.
We send heartfelt wishes for the safety of everyone in the path of the storms.

Detection and Mitigation of Unemployment Insurance Fraud Guidance for Financial Institutions

Supplementing Fraud Detection Standard for WEB Debits

Effective March 19, 2021

If your organization allows consumers to make purchases or payments via the internet or mobile devices and uses ACH WEB debits to withdraw payments from their checking accounts, this rule applies to you. This rule is intended to help prevent fraud on the ACH Network and protect financial institutions from posting fraudulent or incorrect unauthorized payments. Merchants and billers (and their processing partners) are in the best position to detect and prevent fraud related to payments they are initiating.

Federal Reserve Board Announces Interim Final Rule to Delete the Six-per-month Limit on Convenient Transfers from the "Savings Deposit" Definition in Regulation D

ACH Operations Bulletin #6-2020 - Nacha Provides Relief on Return Rate Levels

ACH Operations Bulletin #5-2020 - Nacha Provides Relief to RDFIs on Signature Requirements for Written Statements of Unauthorized Debit

ACH Operations Bulletin #4-2020 - Nacha Extends Effective Dates of Data Security Rule; Affirms Effective Dates of Other Rules

ACH Operations Bulletin #3-2020 - Nacha Provides Emergency Relief Related to Proofs of Authorization and Written Statements of Unauthorized Debit

Indemnification Agreement – Request for Return of Funds from ACH Entry

ACH Operations Bulletin #2-2020 - Nacha Issues Reminder Regarding ACH Responsibilities to Financial Institutions Potentially Impacted by Coronavirus

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