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NACHA

Index NACHA

NACHA (previously the National Automated Clearing House Association) manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data in the United States. [1]

12 relations: Automated Clearing House, Direct deposit, Electronic Check Council, Electronic funds transfer, Fedwire, Financial services, Herndon, Virginia, Malware, Nonprofit organization, Phishing, Trade association, United States.

Automated Clearing House

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.

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Direct deposit

In banking, a direct deposit (or direct credit) is a deposit of money by a payer directly into a payee's bank account.

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Electronic Check Council

The Electronic Check Council (ECC) is a US organization that provides a forum for stakeholders of NACHA-The Electronic Payments Association to design, propose, monitor, and promote solutions that enable the conversion of paper checks to electronic entries.

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Electronic funds transfer

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

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Fedwire

Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants (as of March 19, 2009).

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Herndon, Virginia

Herndon is a town in Fairfax County, Virginia, in the Washington, D.C. metropolitan area of the United States.

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Malware

Malware (a portmanteau for malicious software) is any software intentionally designed to cause damage to a computer, server or computer network.

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Nonprofit organization

A non-profit organization (NPO), also known as a non-business entity or non-profit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view.

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Phishing

Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords, and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication.

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Trade association

A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Redirects here:

Accredited ACH Professional, NACHA (payment processor), NACHA - The Electronic Payments Association, NACHA – The Electronic Payments Association, NACHA-The Electronic Payments Association, National Automated Clearing House Association, National Automated Clearinghouse Association, The Electronic Payments Association.

References

[1] https://en.wikipedia.org/wiki/NACHA

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