The ACH Network is thriving! In 2Q 2024: ✅ 8.3 billion ACH payments were processed, totaling $21.6 trillion. ✅ There were 292.3 million Same Day ACH payments, an eye-popping 46.6% increase. ✅ Business-to-business (B2B) payments volume totaled 1.8 billion, an increase of 10.9% from 2Q 2023. See how the modern ACH Network continues to grow: https://hubs.la/Q02H4QRw0
Nacha
Banking
Herndon, Virginia 17,169 followers
Nacha governs the thriving ACH Network, the payment system that drives safe, smart and fast Direct Payments.
About us
Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable electronic payments and financial data exchange within the U.S. and across geographies. Through development of rules, standards, governance, education, advocacy, and in support of innovation, Nacha’s efforts benefit the providers and users of those systems. Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 31.5 billion ACH Network payments made in 2023, valued at $80.1 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.
- Website
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http://www.nacha.org
External link for Nacha
- Industry
- Banking
- Company size
- 51-200 employees
- Headquarters
- Herndon, Virginia
- Type
- Nonprofit
- Founded
- 1974
- Specialties
- electronic payments, ACH Network, NACHA Operating Rules, Education, AAP accreditation, and Rulemaking
Locations
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Primary
2550 Wasser Terrace
Suite 400
Herndon, Virginia 20171, US
Employees at Nacha
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Les (Larry) Smith
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Millicent Tracey
Independent Public Board Director & Audit Committee Member / Fintech Advisor / GTM Digital Payments / Treasury Management / Risk Management &…
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Rob Abrams
Managing Director - Global Industry Payments Lead & COO Embedded Banking@ JPMorgan Chase | Payments Expert | Ex-Amazon
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Kerry Sellen, AAP, APRP
Payments Consultant at Nacha Consulting
Updates
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This year, we celebrate Nacha’s 50th anniversary and next year we’ll hold Nacha’s 50th annual conference! We’re thrilled to be able to bring together payments professionals from across the country every year for the premier payments conference. When was the first time you attended #SmarterFasterPayments? Share your photos from #Payments over the years!
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Smarter Faster Payments is the premier payments industry conference, and we are currently accepting presentation proposals for #Payments2025. Now is your chance to get your ideas in front of thousands of payments professionals from across the country! Submit your proposal by Wednesday, August 7 to be considered to present at next year’s Payments from April 27–30 in New Orleans! Don’t miss out! Submit your idea here: https://hubs.la/Q02GGjGV0
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🚀💡 A Golden Era of Innovation 💡🚀 Our 50 years of payments innovation made the impossible possible across America. We made it happen by iterating and reiterating, cooperatively building innovations on top of innovations. #PaymentsInnovation #CelebrateNacha What do you think was the most notable innovation to happen on the ACH Network?
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🌟🔬 50 Years of Transformation 🔬🌟 Our ingenuity transformed the way America makes payments. But we didn’t do it alone. This could not have been possible without all our dedicated Nacha members and industry participants, past and present. #PaymentsInnovation #CelebrateNacha Have a fun Nacha memory? Share it below!
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🌟 Join the Payments Innovation Alliance! 🌟 Influence the future of payments and stay ahead of industry trends. Join now and enjoy 15 months of membership for the price of 12! #PaymentsInnovationAlliance #FinancialServices #Payments #Fintech https://hubs.la/Q02GFGYy0
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🎉🥂 Celebrating 50 Years of Innovation 🥂🎉 Half a century ago, Nacha created the framework for payments to flow through the ACH Network and embarked on a journey of innovation. #PaymentsInnovation #CelebrateNacha
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Red flags to be on the lookout for when receiving money online: 🚩 They request your ID and passcode to access your account directly. 🚩 They ask you to send the funds you received to them or someone else using cashier checks, gift cards, crypto currency or payment apps that move money quickly. 🚩 They tell you that you can keep a portion of the money that you transfer. See more steps to avoid becoming a money mule with the Payments Innovation Alliance’s latest video: https://hubs.la/Q02CjPH30
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“TPI is the unconference,” declared Peter Tapling, APRP, Managing Director of PTap Advisory and Professor at The Payments Institute (TPI), on Nacha’s Payments SmartCast. “There’s no exhibit hall, there’s no dress code. It’s about going to classes, hearing from experts, learning from your peers, and understanding the topics that you’re talking about.” Peter is joined by Katie Penoyer, AAP, CTP, Vice President, Treasury Services at CNB Bank; Lisa Coffey, Chief Innovation Officer, Corporate America Credit Union, and Dean of the TPI Board of Regents; and Stephanie Prebish, AAP, APRP, CTP, Nacha Senior Managing Director, Association Services in this can’t miss episode all about TPI On Campus and Nacha’s Risk Retreat! Did you know you can save $500 on TPI On Campus registration using the code “TPI-SUMMER-SPECIAL” and an extra $200 off the Risk Retreat add-on through July 12? Listen here and make sure you sign up today! https://hubs.la/Q02F7gbQ0
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Listen to our latest Payments SmartCast to hear Laura McGorty of Synovus, Brad Smith of Nacha, Todd Tracey of DPX Payments, and Shauna Wesley-Baxley of Johnson & Johnson Insurance discuss the switch from paper checks to more efficient ACH payments and all the benefits ACH has to offer. This discussion gives essential viewpoints whether you are trying to maximize efficiency in your organization or navigating the complexities of financial technology. Listen here: https://hubs.la/Q02FgHx30
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