News

Here is the latest news, announcements, and press releases relative to ACH and the financial industry.

In The News
May 2, 2013 May is Direct Deposit Direct Payment via ACH Month Join us as we celebrate Direct Deposit Direct Payment via ACH month. Visit www.electronicpayments.org today to find out how Direct Deposit and Direct Payment are the simple, smart, and safe ways to move money.
April 30, 2013 NEACH Wants to Invest in Your Career and Your Future NEACH is offering two scholarship opportunities to the 2013 Payments Institute, offered by the National Automated Clearing House (NACHA). Each scholarship is valued at up to $2500.
February 4, 2013 NEACH Celebrates 40th Anniversary (1973 - 2013) Commemorating 40 years as New England's trusted resource in payments, we at NEACH want to thank you for supporting the NEACH mission and the advancement of electronic payments.
January 25, 2013 It's Time to Report your AAP Continuing Education Credits AAP Continuing Education Credits Filing Deadline Approaching.
November 5, 2012 NACHA Operating Rules Update: Healthcare Payments If you're not up to speed on your role within the healthcare payment system and how recent changes affect you, then this webinar is for you.
October 30, 2012 Hurricane Sandy: Excused Delay Rule Reminder In the aftermath of Hurricane Sandy, we want to remind you of the Excused Delay provision of the NACHA Operating Rules (Section 1.5, page OR3).
October 17, 2012 REMINDER: FMS' Kansas City Financial Center Assumes Primary Responsibility for Social Security Administration Cycle Payments The Department of the Treasury's Financial Management Service (FMS) will begin processing Social Security Administration (SSA) Cycle 2, 3, and 4 payments (dated the 2nd, 3rd, and 4th Wednesday of the month) at its Kansas City Financial Center beginning October 2012.
October 9, 2012 Payment Insights 2012 Conference Designed to Help Attendees Manage Payments in an Increasingly Complex Environment NEACH, the New England Automated Clearing House Association, today announced the agenda and speakers for Payment Insights 2012, to be held October 29th and 30th at the Marriott Hotel in Burlington, Mass. This annual event will bring together leaders in the field of payments management for a comprehensive overview of this rapidly expanding and evolving field.
October 2, 2012 Originator Training This all new, on demand, solution provides information in clear and understandable language to make corporate customers understand their obligations under ACH Rules. The nine courses, based on payment applications, provide a complete review of the obligations and warranties of Originating Companies outlined in the NACHA Operating Rules.
October 1, 2012 FMS' Kansas City Financial Center Assumes Primary Responsibility for Social Security Administration Cycle Payments The Department of the Treasury's Financial Management Service (FMS) will begin processing Social Security Administration (SSA) Cycle 2, 3, and 4 payments (dated the 2nd, 3rd, and 4th Wednesday of the month) at its Kansas City Financial Center beginning October 2012.
September 14, 2012 Market Convention for Dodd-Frank Remittance Transfers Effective Feb. 7, 2013 Effective February 7, 2013, Fedwire Funds Service participants that send international funds transfers on behalf of consumers located in the U.S. ("remittance transfers") may become subject to the remittance transfer requirements contained in the Consumer Financial Protection Bureau's final rule implementing section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Section 1073 of the Dodd-Frank Act").
September 13, 2012 FedGlobal(R) ACH Payments: Disclosures on International Payments Readily Available The Federal Reserve Banks have extensively evaluated their FedGlobal® service offerings to determine how best to assist FedGlobal customers in complying with the rule's requirements in light of the CFPB rule to implement Section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
August 9, 2012 CFPB Issues Final Rule Regarding Remittance Transfers On August 7, 2012, the Consumer Financial Protection Bureau ("CFPB") issued its final rule regarding remittance transfers, implementing section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding remittance transfers. This rule is effective February 7, 2013.
July 25, 2012 Notification of change (NOC) entries now required for Social Security Automated Clearing House (ACH) payments This article was originally published in the Fedflash on July 15, 2012, and contains information regarding processing Notification of change (NOC) entries now required for the Social Security Automated Clearing House (ACH) payments.
July 3, 2012 Healthcare Operating Rules: EFT & ERA Interim Final Rule Healthcare legislation is moving forward. Are you? Join Stuart Hanson, VP of Product Line Manager Healthcare Solution, Fifth Third Bank, for this timely new Webinar focused on the legislation, impacts, and business opportunities surrounding this change in legislation.