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Talk:NACHA

Latest comment: 3 years ago by Rposner17 in topic COI Edit Requests
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COI edit requests

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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)Reply

References

  1. ^ "ACH Volume Grows to More Than 25 Billion Payments and $43 Trillion in Value in 2016". www.nacha.org. Retrieved February 5, 2018.
  2. ^ Cite error: The named reference Daly was invoked but never defined (see the help page).
  3. ^ "Treasurers, Rejoice: Same Day ACH Limit Increased". afponline.org. Retrieved 2019-02-14.
  4. ^ Daly, Jim (2019-03-12). "Fed Delay Causes NACHA To Postpone a Third Processing Window for ACH Transactions for Six Months". Digital Transactions. Retrieved 2019-06-28.
  5. ^ Azara, Jennifer (2019-04-26). "The next phases of Same-Day ACH are coming – here's new help to prepare". CFO Daily News. Retrieved 2019-06-28.
  6. ^ "Treasurers, Rejoice: Same Day ACH Limit Increased". afponline.org. Retrieved 2019-02-14.
  7. ^ Daly, Jim (2019-03-12). "Fed Delay Causes NACHA To Postpone a Third Processing Window for ACH Transactions for Six Months". Digital Transactions. Retrieved 2019-06-28.
  8. ^ Azara, Jennifer (2019-04-26). "The next phases of Same-Day ACH are coming – here's new help to prepare". CFO Daily News. Retrieved 2019-06-28.
I'll note that secondary sources still call it "NACHA" and use its full name [1]. – Thjarkur (talk) 18:32, 10 December 2019 (UTC)Reply

Reply 11-DEC-2019

edit

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)Reply

Proposal review 11-DEC-2019

I recommend updating the article title to "Nacha", per all current branding of the organization.
  Unable to implement.[note 1]


Update National Automated Clearing House Association (Nacha) to Nacha (formerly National Automated Clearing House Association or NACHA)
  Unable to implement.[note 2]


In 2018, the ACH Network processed more than 23 billion payments worth more than $51 trillion.
 Clarification needed.[note 3]


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.
  Declined.[note 4]


___________

  1. ^ As noted by Þjarkur, the organization's name may be in flux. Also, the article itself cannot be changed to Nacha, as that article title is already in use as a disambiguation page.
  2. ^ See note 1.
  3. ^ All proposed references need to be posted on the talk page.
  4. ^ Items of information concerning future claims and/or claims which feature language that describes ongoing events in the present tense are generally not added to articles. See WP:FUTURE, MOS:RELTIME. These would be better described using past tense (e.g., "Nacha began the process of changing transaction limits in 2019", etc.). (Note that this applies to the proposed text and does not concern future items which may already be shown in the article.)
@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)Reply

References

  1. ^ "Treasurers, Rejoice: Same Day ACH Limit Increased". afponline.org. Retrieved 2019-02-14.
  2. ^ Daly, Jim (2019-03-12). "Fed Delay Causes NACHA To Postpone a Third Processing Window for ACH Transactions for Six Months". Digital Transactions. Retrieved 2019-06-28.
  3. ^ Azara, Jennifer (2019-04-26). "The next phases of Same-Day ACH are coming – here's new help to prepare". CFO Daily News. Retrieved 2019-06-28.
The prose I suggested in my earlier reply "Nacha began the process of changing transaction limits in 2019", is acceptable because it describes a concrete action which has already taken place (that being the beginning of the process of changing transaction limits). That "beginning" is the concrete action which may be described. However, once that prose begins to move towards describing future actions (actions which are still wet, so to speak, and not yet "dried concrete") it becomes no longer acceptable (e.g., " Same Day ACH transaction is set to increase" and "financial institutions are planned to be able to submit" are all future actions without any concrete past actions to be tied to). With regards to the supplied reference, thank you for supplying it, but as I moved to place the claim in the article I noticed that the ACH Network has its own article. Shouldn't this claim be more applicable there rather than here, considering that NACHA concerns the development, administration, and governance of ACH rather than the operation of ACH, which information about their processing volumes seems more germane to.[a]  Spintendo  09:27, 20 December 2019 (UTC)Reply

Notes

  1. ^ In fact most of the future information which is concerning ACH seems to be more relevant for that article rather than this one. The argument could be made that the "development" part of NACHA's activities describes the initial development of the ACH Network rather than ongoing developments in its functioning. But actually, looking at both articles, I don't really see a good reason why the two are even seperate ones to begin with. It may be the case that a proposed merger of articles ought to be carried out here. If anything, the fact that you've proposed information concerning ACH Network to be placed in the NACHA article proves that the line between the two is not very well demarcated.
@Spintendo: Understood – I'm good with your proposed wording. I think the ACH stat is relevant as a way to illustrate the scope of Nacha's work, but either way, I think we can agree the outdated stat should be removed if not replaced. Mary Gaulke (talk) 17:19, 20 December 2019 (UTC)Reply

COI Edit Requests

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Latest comment: 3 years ago1 comment1 person in discussion

Hi - I work for Seven Letter, a public relations firm that represents Nacha. Nacha is seeking to make a few edits to its Wikipedia page.

1. In the infobox, Nacha would like to remove the role of "President Emeritus" and delete "Janet O. Estep". She is no longer affiliated with the organization ([1])

2. Also in the infobox, Nacha would like to change the membership number from "440+" to "450+". The 440+ number is from 2016.

Thank you for your help! Rposner17 (talk) 19:53, 22 September 2021 (UTC)Reply

References

  1. ^ https://www.nacha.org/content/about-us
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