PYMNTS

JANUARY 25, 2017

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the Same Day ACH transaction volume data for Sept. Same Day ACH is an industry initiative toward faster payments. Direct Deposit comprised 52 percent of Same Day ACH volume, or 6.8

Same Day ACH 40

Same Day ACH NACHA ACH Direct Deposit 40

PYMNTS

AUGUST 9, 2017

The platform supports virtual accounts, ACH, network settlements, EFT and check payments and aims to boost transparency and control over supplier payments. WEX reported a 13 percent increase in the average number of vehicles serviced worldwide between Q2 2016 and Q2 2017. The firm said Tuesday (Aug.

ACH Network 43

ACH Network B2B Reconciliation Volume 43

PYMNTS

APRIL 5, 2018

The most recent PYMNTS’ Gig Economy Index , for example, found that 51 percent of gig workers surveyed in the fourth quarter of 2017 reported being paid within one week of rendering their services. The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months. transfer fee.

Economy 43

Economy Zelle Same Day ACH P2P 43

PYMNTS

JANUARY 31, 2019

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. demand for faster payment capabilities, too.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

NOVEMBER 7, 2017

As of Q3 2017, 69 percent of gig workers said they wouldn’t quit their gig work for a full-time job, according to the latest findings of PYMNTS Gig Economy Index. As such, when it comes to processing payments, gig ” workers are paid weekly through direct deposit via the ACH network, McCoy explained. to 5:00 p.m.

Economy 41

Economy ACH Network Acquirers Direct Deposit 41

PYMNTS

MARCH 18, 2019

In its final report, published in January of 2017, the Fed expressed its support of the collectively developed faster payments framework in the U.S., Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

AUGUST 12, 2019

Senator Elizabeth Warren asks in a campaign ad, ignoring the fact that 93 percent of working Americans have their checks directly deposited into their bank accounts – ready for use on payday – using the ACH network. Direct deposit over the ACH network eliminated that friction and got them earlier access to those funds.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78