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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. A third settlement window was part of NACHA’s original announcement in May of 2015 , of the unanimous adoption of SDA by all of the FIs in the U.S.