Remove 2018 Remove On-Demand Remove Same Day ACH
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New Report: Who’s Using Same-Day ACH And Why?

PYMNTS

Fourteen months since the Phase 1 roll out, 43 percent of financial institutions (FIs) now allow businesses to originate same-day ACH credit. Meanwhile, fewer than six percent of FIs currently offer SDA credit applications to consumers, either due to a lack of demand or simply because they haven’t yet implemented SDA solutions.

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Fourteen Months In, Extra Credit For Faster (ACH) Credit?

PYMNTS

In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. Said Herd, additional findings reveal that there are some institutions that would like to offer Same Day ACH to their customers, but the processors or vendors that they rely on haven’t enabled it yet.

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NEW DATA: What Corporate Treasurers Want From Faster Payments

PYMNTS

From employers who use the service for direct-deposit payments to landlords and utility companies that use it to collect rent or monthly bills, same-day ACH has been gaining in popularity and putting a variety of payment types in the fast lane. local time on the day a transfer is initiated, goes live in March.

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Best Of 2018 Data Drivers: Fraudsters, Gig Workers And B2B By The Numbers

PYMNTS

It may seem like 2018 was the year of the fraudster, of bad guys and gals acting in concert to steal money, steal privacy and use data for any number of gains. And as Karl Schamotta, chief market strategist at Cambridge Global Payments, told us of volatility: “It’s sort of the new normal and the old normal at the same time.”

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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Yet, many of those disbursements are neither digital nor instant and available for consumers and microbusinesses to access and spend on demand, PYMNTS’ latest Disbursements Satisfactory Report found. percent as of 2018. The study surveyed more than 5,000 U.S. According to the data, that’s up from 12.8 percent in 2019 and 9.5

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Consumers Shift From Banks To Direct Billing Services

PYMNTS

“The growth of real-time payments and the demand for contextually relevant data that can be used by consumers, banks and billers means bill payment services now need to focus on changing how payments fundamentally work and how they integrate into the broader experience,” said David Albertazzi, a senior analyst at Aite Group who worked on the report.

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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

Payers have to know that payees will accept certain payment methods before making purchases, and payees do not want to invest until they know payment instruments are in demand. The federal government deliberated in 2018 and 2019 over developing its own real-time payment system, FedNow , to compete with RTP.

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