The modern ACH Network is thriving! In 3Q 2024: ✅ 8.4 billion ACH payments were processed, totaling $21.5 trillion in value. ✅ 355.2 million payments were made via Same Day ACH, totaling $844 billion in value. ✅ An increase in volume was seen across all major ACH Network payment categories, including a 12.6% and 7.8% increase in business-to-business and healthcare claim payments respectively. See how the modern ACH Network continues to grow: https://hubs.la/Q02TJdtG0
Nacha
Banking
Reston, Virginia 18,672 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 & CEO Mobility Payment Solutions @ JPMorgan Chase | Payments Expert | NACHA Board Member | Ex-Amazon
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Kerry Sellen, AAP, APRP
Payments Consultant at Nacha Consulting
Updates
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Nacha Rules 2026: One Year to Go! Is your execution plan in motion? Join experts from Nacha & LSEG for a complimentary webinar to ensure you’re on track for compliance. Register now! https://hubs.la/Q03chj3q0
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A big thank you to Form3 for sponsoring the 365 Podcasts at #Payments2025! We appreciate your support so much. Want to join us at Smarter Faster Payments in New Orleans from April 27 to 30? Register here: https://hubs.la/Q03bxdjc0
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ICYMI, the Payments Innovation Alliance recently announced the winners of the Spotlight! Payments Video Challenge. See how FICO Senior Director of Marketing, Sarah Rutherford, who helped judge the contest, breaks down the winning videos: https://lnkd.in/g22RiF5z. Thank you, FICO for helping support this important initiative.
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For Nirmal Kumar, Chief Product Officer of Aliaswire, Inc., choosing Phixius has led to reduced costs for his clients. “After implementing Phixius, administrative return rates dropped 20% to 25% on average for our clients. This is a great benefit, considering the cost of funds, retrying logic and related customer service issues.” Learn more about how Phixius by Nacha has led its users to success: https://hubs.la/Q03b1HRk0
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Truist is generously sponsoring the Mobile App & a Kick-Start Session at #Payments2025! Thank you! Your help makes this year’s Smarter Faster Payments one to remember! Register now to join us in New Orleans from April 27 to 30: https://hubs.la/Q03bxglm0
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We just revealed the recipients for our 15 Under 40 Award, sponsored by M&T Bank. These young professionals are shining stars in payments and are already shaping the industry's future. The awardees embody innovation, leadership, and dedication to advancing the payments landscape, and we are looking forward to celebrating their successes at Smarter Faster Payments 2025, which will take place in New Orleans from April 27-30. The awardees will be recognized at the Tuesday Luncheon Keynote. Learn more about the 15 awardees and register for Smarter Faster Payments here: https://lnkd.in/grg4jmih
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A big thank you to Early Warning® for sponsoring the Chairperson’s Leadership Reception at #Payments2025. We could not have done this without your support! Have you registered to join us for Smarter Faster Payments in New Orleans yet? Sign up here: https://hubs.la/Q03bx62m0
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We appreciate Venable LLP for sponsoring the Kick-Start Sessions at #Payments2025! Your support helps make Smarter Faster Payments a memorable experience for all who attend. Make sure you join us April 27 to 30 in New Orleans! Register here: https://hubs.la/Q03bx3HG0
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The clock is ticking! ⏰ This is your chance to save big on Smarter Faster Payments 2025. Whether you're a newbie in the payments world or a veteran with tales to tell, #Payments2025 is your destination. Attendees will engage in impromptu chats, participate in diverse learning opportunities, exchange ideas with payments experts and much more. Don’t miss out on this opportunity to join us at the best price. Register before our rates increase on March 14 and save up to $360! https://hubs.la/Q03brzW30
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