PYMNTS

MARCH 6, 2018

11 percent | Percentage of commercial credit and debit card payments that come into AR, according to a National Automated Clearing House Association (NACHA) survey. Respondents told NACHA they expect cards to hold 12.5 percent of payment volume by 2020.

Risk 40

Risk NACHA Cash Management Debit Card 40

PYMNTS

OCTOBER 28, 2020

Customers can now access Oracle’s Regulatory Reporting and Transaction Monitoring apps, with the Customer Screening and Know Your Customer (KYC) functions forecasted to be available prior to the conclusion of 2020. Surge in Commercial Payments Pushes ACH Payments Volume up 9 Pct in Q3. To that end, the ACH Network saw 6.8

ACH 40

ACH Cybersecurity Fincen Travel Rule 40

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

MARCH 6, 2018

NACHA released a survey last year that found while ACH payments currently account for 32 percent of payments received by accounts receivable professionals, the AR industry expects ACH to surpass paper checks by 2020, accounting for up to 45 percent of payments received. percent of payment volume by 2020.

ACH 46

ACH NACHA Commercial Card B2B 46

PYMNTS

DECEMBER 12, 2018

Indeed, research released from NACHA last year found that suppliers are expecting this, too. Accounts receivable executives told researchers that they anticipate ACH to make up 45 percent of the payments they receive by 2020, while checks will decline to 34 percent. That same NACHA report predicted that only 12.5

Commercial Card 56

Commercial Card ACH B2B Checks 56

PYMNTS

NOVEMBER 26, 2018

Accounts receivable executives surveyed by the National Automated Clearing House Association (NACHA) last year do indeed expect an increase in payments received via commercial cards, but the payment rail will still hold only an estimated 12.5 percent of incoming payments volume for B2B vendors by 2020 — up just 1.5

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

SEPTEMBER 11, 2017

Research from NACHA found accounts receivable professionals expect cards to account for 12.5 percent of total payment volume by 2020, a small increase from the 11 percent for which credit and debit cards currently account.

B2B 66

B2B Commercial Card Payments ACH 66

PYMNTS

JULY 18, 2017

“The future of the payments industry is highly dependent on leveraging innovation like biometrics, data integration and a growing variety of payment methods to securely drive more volume with visibility, speed and simplicity.”.

B2C 41

B2C B2B Payments Trends Direct Deposit 41

FICO

APRIL 29, 2022

Nearly 18 million Americans were defrauded through scams involving digital wallets and person-to-person apps in 2020, according to Javelin Strategy & Research, an industry consultant. ACH volumes in the United States increased 8.7% It’s likely that fraudulent POS Zelle transactions wouldn’t be eligible for chargebacks, either.

Retail Payments 52

Retail Payments Zelle Romance Scams Consumer 52

PYMNTS

SEPTEMBER 30, 2016

NACHA just launched Same Day ACH – the only faster ubiquitous payments play in the U.S. After a lot of quiet hype, 2016 was the year that the volume went up on the India buzz, and now, it’s not just hot, but sizzling. Early Warning aka Zelle is adding more banks and doing deals with the networks. Creating The Heat.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

PYMNTS

JANUARY 2, 2017

The company saw its transaction volume increase tenfold in 2016, while its member base doubled. The new faster payments scheme was responsible for nearly $5 billion in payments volume in just its full first month of activity alone. billion by 2020. That large sum was the result of 3.8

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

PYMNTS

AUGUST 12, 2019

NACHA had this problem cracked when it launched Same-Day ACH, because its members all agreed to support it. As a result, Same-Day ACH volume has jumped dramatically in support of use cases for which faster access to funds are necessary: emergency and ad-hoc payments, including bill pay.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78