It's Not Business as Usual: New ACH Network Opportunities

48 Pages·2013·3.43 MB·English

It’s Not Business as Usual:
New ACH Network Opportunities
Jan Estep
President and CEO
NACHA – The Electronic Payments Association
ACH Network Opportunities
• We are actively listening to
business needs
• We want to help you
identify ACH Network
solutions
• We want to hear from you
We are actively listening to business needs
Your input has informed
the strategic direction of
the ACH Network
Industry Survey:
Longer-Term ACH Network Needs
ACH Network 
should support 
NACHA should  ACH Network 
ACH Network  parallel  Users of the ACH 
focus on  should support  ACH Network 
should allow for  processing  Network expect 
enabling  enhanced  should support 
voluntary or  arrangements  faster payments 
increased use of  functionality for  account 
“opt‐in”  for opt‐in users,  and availability 
ACH credit  payment‐related  verification
applications advanced  of funds
payments messages 
applications, or 
new formats
Credit Union 5.7  6.1  8.7  7.0  7.1  8.1 
Banks under $5B 5.0  5.4  8.3  7.4  7.4  7.9 
Banks over $5B 4.3  5.2  8.0  7.5  7.5  7.8 
Tech Provider 5.7  6.6  8.5  7.9  7.6  7.9 
End‐user 6.3  6.7  8.3  7.8  7.9  8.9 
All Other 5.9  6.4  8.0  7.8  7.9  8.1 
(Q15) As you think about the ACH Network and its long-term capabilities into the future, please indicate the degree to
which you agree or disagree with the following statements: (Where 1 = Strongly Disagree to 10 = Strongly Agree)
The ACH Blueprint
Identifies areas of future opportunity – Blueprint “attributes”
1. Innovation
2. ACH Formats
3. ACH Credit Payments
4. Routing Data Verification
5. User Enablement
6. Cross-Border Interoperability
7. Remittance Data
2019-2021 Strategy
8. Faster Payments
2016-2018 Strategy
2013-2015 Strategy
Major Strategies 2013-2015
Make Facilitate
Balance
Advocate Innovate to Enable Cross- Payments
Risk,
for the ACH Meet End- ACH Credit Border Information
Quality, and
Network User Needs Origination Payments and
Innovation
Easier Messaging
Adding Value to Members and Network Participants
The ACH Blueprint and Strategic Planning
• Progress towards the ACH Blueprint attributes will be made
incrementally over time through each strategic planning cycle
Your ACH Network Needs
If we asked you today, what would you say is
your top priority in payments?
We are actively listening to business needs
• How can we better support near-term and
longer-term business needs?
– Delving deeper into specific needs
– Addressing through industry collaboration
– Both provide opportunities for you
Direct Payment via ACH Biller Study
• Conducted for NACHA by
Blueflame Consulting
• Data was collected from 1,000
billers for the study through:
– 130 Telephone Interviews
– 870 Web surveys
• 714 in Wave One targeting SMB
up to $50MM
• 156 in Wave Two targeting middle
market $10MM to $500MM