NACHA Expands Same-Day ACH Limit to $1M
As expected, NACHA today increased the dollar limit for same-day ACH transactions from $100,000 to $1 million. The change was ...
Tag: ACH
The Clearing House: ACH Transaction Volume on EPN Network Outpaces National Level
As bank customers increasingly turn to electronic payments, the Clearing House today announced that transaction volume on EPN, its ACH ...
NACHA: ACH Transaction Volume, Value Grow in 2021
Electronic ACH payment transaction volume grew by 8.7% last year, reaching 29.1 billion transactions, according to a report today from ...
ABA Recommends to NACHA Not to Change Early Funds Availability Rules
The American Bankers Association last week urged NACHA not to change rules around financial institutions offering early funds availability due ...
Financial Trade Groups Address Confusion Around Economic Impact Payment Date
In response to confusion about when consumers can access the latest round of economic impact payments, the American Bankers Association ...
NACHA Sees Record Spike in ACH Payments during Pandemic
A total of 26.8 billion payments were made on the ACH Network in 2020—up 8.2% from a year prior—with a ...
ABA Calls for ‘Circuit Breaker’ ahead of ACH Threshold Increases
The American Bankers Association on Friday provided feedback to NACHA on its proposed plan to increase the dollar limit for ...
IRS: ‘Get My Payment’ Portal Now Live
The Internal Revenue Service today announced that the Get My Payments portal—available in English and Spanish—is now live for individuals ...
Congressional Leaders Announce Deal on Bipartisan COVID-19 Relief Package
After weeks of negotiations, congressional leaders tonight announced a deal for a $900 billion bipartisan coronavirus relief package.
Survey: Corporate Treasurers Diversifying Debt Structures, Extending Credit
As corporate treasurers pivot in response to the coronavirus pandemic, nearly half of them on net are planning to diversify ...
