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Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.

IRS Will Provide Funding for Tens of Millions by Direct Deposit Effective Wednesday, March 17 News provided by Share this article HERNDON, Va., March 15, 2021 /PRNewswire/ -- Nacha, the organization that governs the ACH Network, issued a statement to provide facts on when economic impact payments via Direct Deposit were instructed to be made available to eligible Americans: The IRS announced that the settlement date for the initial wave of tens of millions of economic impact payments by Direct Deposit will be Wednesday, March 17. This is the date on which the IRS will provide the funds to th...

Nacha Announces Bluefin as a Preferred Partner for ACH Data Security Share Article Bluefin is now a Nacha Preferred Partner for ACH Data Security. In becoming a Preferred Partner, Bluefin joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network. “Keeping ACH data secure is a key component of an ACH risk management program, as well as compliance with the Nacha Rules,” said Jane Larimer, Nacha President and CEO. “We welcome Bluefin as our newest Nacha Preferred Partner to our community ...