🌟🔬 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!
Nacha
Banking
Herndon, Virginia 17,144 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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🌟 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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🎉🥂 Celebrating 50 Years of Innovation 🥂🎉 Half a century ago, Nacha created the framework for payments to flow through the ACH Network and embarked on a journey of innovation. #PaymentsInnovation #CelebrateNacha
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Red flags to be on the lookout for when receiving money online: 🚩 They request your ID and passcode to access your account directly. 🚩 They ask you to send the funds you received to them or someone else using cashier checks, gift cards, crypto currency or payment apps that move money quickly. 🚩 They tell you that you can keep a portion of the money that you transfer. See more steps to avoid becoming a money mule with the Payments Innovation Alliance’s latest video: https://hubs.la/Q02CjPH30
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“TPI is the unconference,” declared Peter Tapling, APRP, Managing Director of PTap Advisory and Professor at The Payments Institute (TPI), on Nacha’s Payments SmartCast. “There’s no exhibit hall, there’s no dress code. It’s about going to classes, hearing from experts, learning from your peers, and understanding the topics that you’re talking about.” Peter is joined by Katie Penoyer, AAP, CTP, Vice President, Treasury Services at CNB Bank; Lisa Coffey, Chief Innovation Officer, Corporate America Credit Union, and Dean of the TPI Board of Regents; and Stephanie Prebish, AAP, APRP, CTP, Nacha Senior Managing Director, Association Services in this can’t miss episode all about TPI On Campus and Nacha’s Risk Retreat! Did you know you can save $500 on TPI On Campus registration using the code “TPI-SUMMER-SPECIAL” and an extra $200 off the Risk Retreat add-on through July 12? Listen here and make sure you sign up today! https://hubs.la/Q02F7gbQ0
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Listen to our latest Payments SmartCast to hear Laura McGorty of Synovus, Brad Smith of Nacha, Todd Tracey of DPX Payments, and Shauna Wesley-Baxley of Johnson & Johnson Insurance discuss the switch from paper checks to more efficient ACH payments and all the benefits ACH has to offer. This discussion gives essential viewpoints whether you are trying to maximize efficiency in your organization or navigating the complexities of financial technology. Listen here: https://hubs.la/Q02FgHx30
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“TPI is the unconference,” declared Peter Tapling, APRP, Managing Director of PTap Advisory and Professor at The Payments Institute (TPI), on Nacha’s Payments SmartCast. “There’s no exhibit hall, there’s no dress code. It’s about going to classes, hearing from experts, learning from your peers, and understanding the topics that you’re talking about.” Peter is joined by Katie Penoyer, AAP, CTP, Vice President, Treasury Services at CNB Bank; Lisa Coffey, Chief Innovation Officer, Corporate America Credit Union, and Dean of the TPI Board of Regents; and Stephanie Prebish, AAP, APRP, CTP, Nacha Senior Managing Director, Association Services in this can’t miss episode all about TPI On Campus and Nacha’s Risk Retreat! Did you know you can save $500 on TPI On Campus registration using the code “TPI-SUMMER-SPECIAL” and an extra $200 off the Risk Retreat add-on through July 12? Listen here and make sure you sign up today! https://hubs.la/Q02F77Vq0
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Join the fight against elder financial exploitation! Nacha's Payments Innovation Alliance has released essential tools to help banks and credit unions support those targeted by financial fraud. Check out our infographic and checklist to learn more about protecting older adults. https://hubs.la/Q02ChKyv0
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From Nacha Accreditation Prep to Faster Payments, TPI Home School’s areas of study are learning experiences for the ages. With TPI Home School, you’ll have access to classes taught by our distinguished faculty all from the comfort of your own home. What are you waiting for? Register by August 1 and get the best rate: https://hubs.la/Q02w_1tY0.
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#DYK with PaymentsIQ you get immediate access to a bountiful library of payments courses at your fingertips? On a train, at a coffee shop or from the comfort of your own home, sharpen your payments skills with PaymentsIQ. This is learning on your time. Subscribe today: https://hubs.la/Q02w_7QK0
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