Industry Alerts

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Industry Alerts

Industry Alerts provides member financial institutions with critical information; such as changes to the NACHA Operating Rules, Requests for Comment, notices from Treasury, NEACH cancellations, and other important and often time-sensitive information. This is a members-only resource. Login for access.  


 

Feb 7
2023
Free Access to Identifee CRM for NEACH Members

Identifee, a NEACH Associate Member, is offering a valuable opportunity just for being a NEACH member – free access to the Identifee CRM Platform – a $12,000 member benefit.

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Jun 27
2022
NEACH Welcomes New Associate Members

Burlington, Mass., June 27, 2022 — The New England Automated Clearing House (NEACH) today announced that five new Associate Members joined its organization in the first half of 2022: CoNetrix, Lynn Group, Payment Authorities, Stout, and Superior Press.   

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Jun 2
2022
NEACH Response to Money and Payments: The U.S. Dollar in the Age of Digital Transformation

NEACH welcomes the opportunity to submit this comment letter to the Board of Governors of the Federal Reserve System (the "Fed") in response to the discussion paper Money and Payments: The U.S. Dollar in the Age of Digital Transformation. NEACH views the effort to improve the U.S. payment system as a public-private partnership and appreciates the Fed's efforts to date to coordinate discussion among industry participants. In addition to our own comments, we would like to support the comments provided by Nacha in their May 11, 2022 submission.

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Feb 15
2022
Center for Payments Seeks Insights on Same Day ACH Usage and Strategy

Respond to the brief survey by February 28th for your customized benchmarking report!

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Jan 25
2022
NEACH Announces New Board of Directors Members

Linda Carmichael, Keri Gonzalez, and Sean Lydon join board of directors.

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Nov 5
2021
NEACH Announces New Staff Members

Mary Mumper, Joe Nompleggi, and Holly Riendeau to join growing NEACH team

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Oct 26
2021
NEACH Releases White Paper, The New Role of Operations: Exploring Channels, Talent, Innovation, Collaboration, and Risk in a Complex World

Paper Examines Challenges Facing Operations Today and Explores Opportunities for Tomorrow

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Jun 24
2021
NEACH Announces Most Recent Addition to its Board of Directors

Scott Goldthwaite, President, Aliaswire, Inc. will Serve as the Board’s Corporate Member

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May 27
2021
NEACH Announces New Board of Directors Executive Committee

Burlington, MA, May 27, 2021 – The New England Automated Clearing House (NEACH) is pleased to announce the new Board of Directors Executive Committee for the 2021 – 2022 term:

 

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May 25
2021
Nacha Issues Request for Comment and Request for Information

Please share this information with all departments that process ACH Transactions within your financial institution. This alert is provided for informational purposes as part of NEACH's member services. Your membership in NEACH helps support NEACH advocacy initiatives at the national level. 

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May 13
2021
NEACH Welcomes New Associate Members

The New England Automated Clearing House (NEACH) today announced that six new members joined its organization in the first quarter of 2021 as associate members: Affix Solutions, Argos Risk, Credit Union League of CT, Liberty Mutual, Mellina Associates, and SWBC.The New England Automated Clearing House (NEACH) today announced that six new members joined its organization in the first quarter of 2021 as associate members: Affix Solutions, Argos Risk, Credit Union League of CT, Liberty Mutual, Mellina Associates, and SWBC.

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Mar 9
2021
NEACH Welcomes New Member

Burlington, Mass., March 9, 2021 — The New England Automated Clearing House (NEACH) today announced a new member has joined its organization: Waltham, Massachusetts-based RTN Federal Credit Union.

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Feb 22
2021
NEACH and Massachusetts Bankers Association (MBA) to collaborate on new Payments School
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Jan 11
2021
ALERT: IRS Changes Policy, Will Reissue Some Misdirected EIPs

The Internal Revenue Service (IRS) has announced that it has changed its position, and will reissue some Economic Impact Payments that had been mistakenly sent to tax preparers and were returned by those tax preparers to the IRS per IRS instruction.

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Jan 8
2021
ALERT: IRS Changes Policy on EIPs Mistakenly Sent to Tax Preparer Accounts

The IRS has changed its policy on EIP2 payments by ACH that were mistakenly sent to tax preparer accounts. The IRS now says that if a tax preparer is able to identify the final, ultimate bank account of the intended recipient, it can move the money to that account instead of returning the funds to IRS. This is a change from the prior information which stated that in such cases the funds must be returned to the IRS. The IRS says that it is already aware of organizations and tax practitioners that are “forwarding” the funds from these erroneous EIP2s. Some RDFIs have already started to receive EIP2 ACH credits being sent from tax preparation companies.

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