Talk:NACHA

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COI edit requests

Latest comment: 4 years ago6 comments3 people in discussion

Hi! Nacha is a client of mine, and I'd like to request a few updates to this article:

1. FYI, I updated the logo in the infobox to the current logo.

2. I recommend updating the article title to "Nacha", per all current branding of the organization.

3. At beginning of lead: Update National Automated Clearing House Association (Nacha) to Nacha (formerly National Automated Clearing House Association or NACHA)

4. In second paragraph of lead: Update

In 2016, the ACH Network processed more than 25 billion payments worth more than $43 trillion.[1]

to

In 2018, the ACH Network processed more than 23 billion payments worth more than $51 trillion.[2]

(Ref name already in use in article.)

5. In the fourth paragraph of "Initiatives": Update

Three enhancements to Same Day ACH are coming. On Sept. 20, 2019, the availability of funds for both Same Day and traditional ACH may occur earlier in the day. On March 20, 2020, the dollar limit per Same Day ACH transaction will increase from $25,000 to $100,000. On March 19, 2021 (delayed from Sept. 18, 2020), financial institutions will be able to submit Same Day ACH transactions to the ACH Network two hours later each business day.[3][4][5]

to

Same Day ACH is in the process of undergoing some changes. On March 20, 2020, the dollar limit per Same Day ACH transaction will increase from $25,000 to $100,000. On March 19, 2021 (delayed from Sept. 18, 2020), financial institutions will be able to submit Same Day ACH transactions to the ACH Network two hours later each business day.[6][7][8]

(New text bolded.)

Thank you for any help or feedback! Mary Gaulke (talk) 02:39, 9 December 2019 (UTC)

I'll note that secondary sources still call it "NACHA" and use its full name [1]. – Thjarkur (talk) 18:32, 10 December 2019 (UTC)

Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.  Spintendo  02:17, 12 December 2019 (UTC)

@Spintendo: Thanks for the feedback! Responses to your notes:

1&2. For what it's worth, Nacha's reps have confirmed to me that this is how the org intends to refer to itself moving forward, but I understand external documentation is important. That's been gaining steam as well – here's an example.

3. No problem – the ref name is already in use in the article, but here's the full cite information: <ref name="Daly">{{Cite web |last=Daly |first=Jim |url=https://www.digitaltransactions.net/same-day-transaction-boom-helps-propel-the-ach-to-a-51-trillion-year/|title=Same-Day Transaction Boom Helps Propel the ACH to a $51 Trillion Year|website=Digital Transactions|access-date=2019-03-05 |date=2019-02-20}}</ref>

4. The wording you've flagged is already in the article. How about this instead? (New text bolded.)

In 2019, Nacha announced several changes to Same Day ACH intended to roll out in 2020. On March 20, 2020, the dollar limit per Same Day ACH transaction is set to increase from $25,000 to $100,000. On March 19, 2021 (delayed from Sept. 18, 2020), financial institutions are planned to be able to submit Same Day ACH transactions to the ACH Network two hours later each business day.[1][2][3]

Thanks again! Mary Gaulke (talk) 07:18, 20 December 2019 (UTC)