ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Payments

ACH Network handled more than eight billion payments in Q1

April 23, 2024
Reading Time: 1 min read
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud

The Automated Clearing House Network handled 8.2 billion payments valued at $20.7 trillion in the first quarter of 2024, led by a 47% increase in same-day payments, Nacha announced today. There were 273.7 million same-day ACH payments in Q1 valued at $719 billion, up 27.2% from a year earlier. Same-day ACH volume in March was 95.6 million, averaging more than 4.5 million payments per day, both all-time monthly highs since same-day ACH launched.

Business-to-business payment growth remained strong, with 1.7 billion payments in Q1, a 10.8% increase, according to Nacha. Consumer internet-initiated debits increased 7.4% from a year earlier, with 2.6 billion payments. Their value was $1.5 trillion, up more than 5%, and accounted for 56.6% of all ACH debits in the quarter.

Tags: ACHPayments system
ShareTweetPin

Related Posts

Poll: Small business owners optimistic about the future

Bank survey: Small-business growth continues amid economic uncertainty

Economy
July 9, 2026

Many small businesses are still expanding despite ongoing economic pressures and rising costs, according to a new survey by U.S. Bank.

ABA, BPI support proposed process to create drone no-fly zones

ABA, BPI support proposed process to create drone no-fly zones

Compliance and Risk
July 7, 2026

In a joint letter to the FAA, ABA and BPI said that unauthorized unmanned aircraft activity near financial institution sites can create “obvious and legitimate risk” to physical security as well as cybersecurity, as the technology can be...

How to Talk About Your Bank’s Fintech Collaborations

The trust dividend

Technology
July 7, 2026

How regulatory and consumer expectations are shifting how partner banks compete for fintech deposits.

Community banker: Overdraft rule will hurt those in need

Fed: Noncash payments continue to grow, credit cards more frequently used

Economy
July 3, 2026

The number of noncash payments more than tripled since 2000, with credit cards now outpacing debit cards in growth in use, according to initial findings from the Federal Reserve's triennial payments study.

FCC grants ABA-requested extension of ‘revoke all’ rule’s effective date

ABA joins with consumer rights group to protect fraud alerts

Compliance and Risk
July 1, 2026

ABA joined with the National Consumer Law Center and ACA International in proposing to the FCC a rewrite of the “revoke all” rule. The rule is set to take effect on January 31, 2027, but the FCC is...

FDIC’s Hill: Standards-setting organization could spur bank-fintech partnerships

Lawmakers seek study of bank-fintech partnerships

Community Banking
June 26, 2026

Lawmakers in the House and Senate have introduced legislation to require banking agencies to study partnerships between financial technology companies and small- to medium-sized banks and credit unions to see how such arrangements could improve communities.

NEWSBYTES

ROAD to Housing Act becomes law

July 11, 2026

ABA DataBank: Rates and oil diverge

July 10, 2026

Regulators close Indiana’s Kentland Federal Savings and Loan

July 10, 2026

SPONSORED CONTENT

Why Your Systems Keep Slowing Down — and What to Do About It

Examiners Are Now Looking at Your Non-Core Systems

June 11, 2026
Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

June 1, 2026
A Modern Blueprint for Serving High-Net-Worth Families

A Modern Blueprint for Serving High-Net-Worth Families

May 28, 2026
Why Your Systems Keep Slowing Down — and What to Do About It

AI Is in Your Bank. Is Your Cloud Contract Governing It?

May 20, 2026

PODCASTS

Podcast: Understanding the 2025 Home Mortgage Disclosure Act data

July 8, 2026

Podcast: Financing America’s independence

June 29, 2026

Podcast: Talent and innovation in community banking

June 18, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.