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
Reston, Virginia 17,618 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
- Reston, Virginia
- Type
- Nonprofit
- Founded
- 1974
- Specialties
- electronic payments, ACH Network, NACHA Operating Rules, Education, AAP accreditation, and Rulemaking
Locations
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Primary
11951 Freedom Drive
Suite 1001
Reston, Virginia 20190, US
Employees at Nacha
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Les (Larry) Smith
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Victoria D.
Chief Communications Officer (CCO) at Nacha
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Rob Abrams
Managing Director - Global Industry Lead & General Manager Mobility Payment Solutions@ JPMorgan Chase | Payments Expert | NACHA Board Member |…
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Kerry Sellen, AAP, APRP
Payments Consultant at Nacha Consulting
Updates
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With bionic strength, Lindsay Wagner delivers an impactful Direct Deposit commercial. #PaymentsInnovation #CelebrateNacha #DirectDeposit #FlashbackFriday Watch the full video here: https://hubs.la/Q02QsD9K0 Do you remember seeing this commercial when it first aired?
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In 1993, Nacha introduced the Accredited ACH Professional (AAP) designation, bringing the first accreditation to the payments industry. #PaymentsInnovation #CelebrateNacha #ThrowbackThursday https://hubs.la/Q02QsgLy0 When did you receive your AAP accreditation? Are you thinking about studying for the AAP?
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💡Join our upcoming webinar with Early Warning® to discover how financial institutions can strive for compliance success with the latest Nacha rules changes. 🏦 Engage in an insightful discussion and participate in our live Q&A. ✅ Register now! https://hubs.la/Q02Qrh1b0
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MicroBilt has been a Nacha Preferred Partner since 2019. To learn more about Nacha’s Preferred Partners or how MicroBilt helps advance the ACH Network, visit https://lnkd.in/eZ2v33QW or https://www.microbilt.com/.
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The Accredited ACH Professional (AAP) is a mark of excellence, earning respect from colleagues, auditors and regulators. Showcase your expertise and knowledge with a distinction that sets you apart in a complex industry. Don’t let this opportunity pass you by! The exam window is October 7 – November 2. Register here: https://hubs.la/Q02L6j7V0
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Nacha had a great time participating in the first Athletes Serving Athletes 5K RunFest at the Reston Town Center, where the new Nacha headquarters is located! ASA’s mission is to elevate the quality of life for individuals with limited mobility by empowering them to train for and participate in mainstream running events. They are a champion of inclusion, connecting ASA Athletes to runners from the community through their Wingman Program, inspiring all to celebrate the spirit of “Together We Finish!”, which is very similar to one of Nacha’s core values, “We are Better Together”! It was exciting to see these athletes in motion!
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🎉 Exciting News! 🎉 We’re thrilled to announce that our upcoming virtual educational event has a brand-new name! 🆕 The Payments Legal & Compliance Summit (formerly known as the ACH Legal & Compliance Summit) offers advanced-level education that goes beyond ACH and covers all payment networks. Join us Dec. 4-5, 2024, for an incredible experience hosted by Nacha. Stay tuned for more updates and get ready to be inspired, informed, and engaged like never before! 🔗 https://hubs.la/Q02Q254H0
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This is not a fantasy: Ricardo Montalban gives a PSA on Direct Deposit. #PaymentsInnovation #CelebrateNacha #DirectDeposit #FlashbackFriday Watch the full video here: https://hubs.la/Q02Qs9PZ0 Do you recall seeing this PSA?
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We were thrilled to have had a Direct Deposit PSA delivered by #EGOT winner, and the Presidential Medal of Freedom award winner, Rita Moreno! #PaymentsInnovation #CelebrateNacha #DirectDeposit #ThrowbackThursday Check it out here: https://hubs.la/Q02QsdpR0