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NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. 13, 2018, and given an effective date of Sept. ET (1:45 p.m.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. and one of two operators of the ACH network in the U.S., NACHA reported that in Q4 2018, SDA volume hit 51.3 A Couple of Important Dots.