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 17,213 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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🚀 Drive Change and Innovation 🚀 Become part of a vibrant community committed to revolutionizing the payments industry. Join the Payments Innovation Alliance and be part of the solution! Join now and enjoy 15 months of membership for the price of 12! #Innovation #Fintech Learn more: https://hubs.la/Q02GGgYx0
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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/Q02GF-r_0
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Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud. Sometimes, money mules do not even realize they are involved in illegal activity and believe they are following an employer’s directions or participating in a legitimate business. These individuals unwittingly enable fraudsters to harm others. The Payments Innovation Alliance recently developed a video to help consumers take precautions to avoid unintentionally becoming a money mule. Check it out here: https://hubs.la/Q02Cj-v80
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🎉 Join Us in Celebrating! 🎉 As we revel in how we’ve redefined payments through collaboration and innovation, we are celebrating you, and current and former payments colleagues for all that we’ve accomplished and how we continue to move payments forward. #PaymentsInnovation #CelebrateNacha
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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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