Over the past five years there has been unprecedented growth in the types of transactions that can flow through the ACH network. In fact, since 1999 the number of Standard Entry Class codes has more ...

Nacha, the electronic payments association, has approved a rule designed to make international automated clearing house transactions easier for government agencies to monitor for signs of terrorism or ...

New data from the automated clearing house network show that ACH debit transactions for online bill payments grew 9% in the third quarter while paper checks converted into ACH transactions after being ...

Boosted by more all-electronic payments, total automated clearing house network transaction volume grew 4.2% in 2012 to nearly 16.8 billion transactions from 16.1 billion the prior year, ACH governing ...

Automated Clearing House, or ACH, payments power billions of transactions every year, yet many people don't fully understand how they work. Whether you're receiving a direct deposit from your employer ...

ACH payments are electronic transfers between bank or credit union accounts often used for direct deposit and autopay. An ACH transfer can take between one to three business days to complete, though ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. One of the biggest pitfalls of ACH payments is that most do not take place immediately; ...