back Back

Nacha announces Sila as preferred partner for ACH Enablement and Payments

By Edlyn Cardoza

June 08, 2022

  • ACH Enablement and Payments
  • ACH Network
  • APIs

Sila, ACH Enablement and Payments, Nacha Preferred Partner, ACH Network, APIs, Money Transfer, Digital Wallets, Blockchain Wallet, Risk Management, USASila is now a Nacha Preferred Partner for ACH Enablement and Payments. In becoming a Preferred Partner, Sila joins an elite group of innovators that Nacha recognisAes for offering products and services that align with Nacha’s core strategies to promote the ACH Network.

“Nacha’s Preferred Partners play a role in advancing the ACH Network to continue to deliver payments safely and quickly,” said Jane Larimer, Nacha’s President and CEO. “Today, we welcome Sila as our newest Preferred Partner for ACH Enablement and Payments and are looking forward to working with them and other Nacha Preferred Partners to strengthen and grow the ACH Network.”

Sila provides a set of APIs that simplifies the storage and transfer of money between bank accounts and digital wallets from inside an application and speeds up the go-to-market schedule for customers. It can also include a blockchain wallet and transfer capability if requested. Its payment infrastructure is for companies and organisations that need to integrate with the U.S. banking system, payment rails and blockchain.

“Sila is honored to be a Nacha Preferred Partner,” said Shamir Karkal, CEO of Sila Inc. “We have helped many customers leverage the ACH Network as they build their business. Their feedback has led us to build innovative products on top of ACH, such as our instant ACH product that combines risk management and fraud detection with instant funds availability.”

Sila is a FinTech software platform that provides payment infrastructure as a service, a business-critical element for all companies that need to integrate with the US banking system and blockchain quickly, securely, and in compliance with applicable US regulations. It offers Digital Wallet and ACH Payments APIs for software teams.

Previous Article

June 08, 2022

Pomelo Pay and Dialog Axiata to digitise payments for SMEs in Sri Lanka

Read More
Next Article

June 08, 2022

ACI Worldwide enables instant shopping anywhere with new Smart Engage Platform

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024

ACH Enablement and Payments

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Validus Fintech bags seed funding from AUM Ventures

Read More


Slope raises $65m in equity and debt funding from J.P. Morgan & others

Read More


Jamaica’s First Global Bank partners with Profile Software

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024