Electronic UI Reports, Payment Requirements Growing in 2018

Electronic UI Reports, Payment Requirements Growing in 2018

In Nevada, the Department of Employment, Training and Rehabilitation seeks comments on a proposed amendment to the administrative code that would require all employers to electronically file unemployment insurance contribution and wage reports, effective July 1, 2018. If the amendment is adopted, Nevada would join 19 states that require electronic filing for unemployment insurance for employers in 2018.

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ACH Network Volume Growth for 2017 Q2

ACH Network Volume Growth for 2017 Q2

In Q2 2017, the ACH Network transferred 5.3 billion Direct Deposits and Direct Payments, up 5.8 percent over Q2 2016. In value, the Network moved $11.6 trillion, an increase of 7 percent over the second quarter of 2016. This quarter, native electronic payments grew 7.4 percent, while check-initiated payments continued its decline in use, decreasing 10.5 percent.

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