The surging use of automated clearing house transactions has been powered by tools that convert paper checks into electronic payments, a trend that is still gaining momentum, according to the Federal ...

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 ...

A year after launching the same-day Automated Clearing House process for credit payments, Nacha says same-day ACH for debit payments began Friday. Processing Content The same-day clearing processes ...

U.S. Citizenship and Immigration Services has implemented a new way to pay fees using electronic debit from a U.S. bank account. Effective immediately, individuals can make transactions directly to ...

On August 29, 2025, U.S. Citizenship and Immigration Services (USCIS) announced that, after October 28, 2025, they will only accept electronic payment, either ACH debit transactions (using Form G-1650 ...

Digital payments have become the norm in our modern economy. While paper-based payment methods, such as cash and checks, are still widely accepted, the electronic movement of money is usually a more ...

As more banking transactions execute through electronic interchanges, banks have made it easier than ever for you to handle your money without using cash or checks. One feature of electronic banking ...