Welcome to the Top 3 Innovating Payments Headlines for the Week of April 27, 2026.
In this issue, Nacha's announcement of a new $10-million transaction cap set to take effect Sept. 17 could set business and corporate-treasury payments up for even more growth. "Nacha anticipates the new $10-million limit will enhance same-day ACH use cases for invoice and tax payments, insurance-claim payments, payroll funding, merchant settlement, and cash concentration, among other uses," a Nacha spokesperson told Digital Transactions.
In other news, Federal Reserve Financial Services (FRFS) announced a new development in risk mitigation: the launch of its network intelligence API for early adopters on April 28. This innovative API empowers financial institutions and service providers with receiver account-level insights gathered throughout the service, providing an additional layer of information to help participants evaluate the risk associated with potential payments.
Finally, U.S. Representatives Young Kim (CA-40) and Sam Liccardo (CA-16) introduced the Payments Access and Consumer Efficiency (PACE) Act to help Americans send and receive money faster and with fewer fees by modernizing how payment companies access payment rails. According to the news release, the PACE Act allows qualified nonbank providers to obtain direct access to Federal Reserve payment rails, enabling faster, less expensive, and more competitive payment services for American consumers and businesses.
Read on to learn more.
1. A $10 Million Same-Day ACH Limit Could Be a B2B and Treasury Boon (Digital Transactions)
Already a key growth area for same-day automated clearing house transactions, business-to-business and corporate-treasury payments could be set up for even more growth with Monday's announcement of a new $10-million transaction cap set to take effect Sept. 17. Announced by Nacha, the ACH rulemaking body, the new cap is 10 times greater than the previous limit of $1 million, which was set in 2022. That was an increase from the $100,000 cap set in 2020 and the initial limit of $25,000 on the transaction type's launch in 2016. (Read more.)
2. FedNow® Network Intelligence API Empowers Participants to Send Payments with Confidence (FRBServices.org)
Federal Reserve Financial Services (FRFS) announced its latest risk mitigation tool, a new network intelligence API, will launch on April 28 for early adopters of the tool. The API provides financial institutions and service providers with receiver account-level data observed over the service, adding an extra layer of information to help participants assess the risk of a potential payment. "The network intelligence API delivers instant, network-level data insights that complement participants' existing risk management capabilities, providing more information - and confidence - before a transaction is made," said Nick Stanescu, executive vice president and chief executive of the FedNow Service. (Read more.)
3. Kim Introduces PACE Act to Make Everyday Payments Faster, Cheaper, and More Efficient for Americans (youngkim.house.gov)
Today, U.S. Representatives Young Kim (CA-40) and Sam Liccardo (CA-16) introduced the Payments Access and Consumer Efficiency (PACE) Act to help Americans send and receive money faster and with fewer fees by modernizing how payment companies access payment rails. Today, when Americans use a payment app to send or receive money, their transaction often passes through multiple layers before it reaches its destination, slowing down payments and adding extra costs along the way. The PACE Act addresses this by enabling qualified providers to access federal payment systems directly, reducing delays and lowering costs for consumers and small businesses. (Read more.)
With the new $10 million Same-Day ACH limit, effective Sept. 17, what steps might your institution take to grow B2B and corporate-treasury payments? How can you leverage this shift to open new revenue streams?
Check back soon for our next issue, which will highlight the industry's most pressing and essential developments. In the meantime, visit us online at Innovating Payments.
NEACH - New England Automated Clearing House Association is a neutral, member-focused advocate. Our role is to give you the intelligence, context, and connections you need to make informed strategic decisions. We bring together industry leaders, policymakers, and innovators so you can evaluate innovation through the lens of your institution’s mission and market strategy. For more information, visit neach.org.
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AUTHOR: Joe Casali, AAP, NCP
Executive Vice President
As the EVP of Payments Innovation for NEACH, Joe focuses on exploring innovative solutions and technologies that will help position members for success, both now and in the future. Connect with Joe to read more of his blogs, articles, and posts.
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