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Nacha Welcomes Stronghold as a Preferred Partner

NACHA

8, 2024 – Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network. RESTON, Virginia, Aug.

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Clearing Up The Case For ISO 20022

PYMNTS

Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. WHAT ISO 20022 ISN’T. ISO 20022 is also sometimes related to the programming language XML, but those two are also not one and the same.

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Same Day ACH: Impacts At The Intersections

PYMNTS

ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services. With Same Day ACH now in play, Throckmorton said the focus will be on creating additional efficiencies now that money is being moved faster.

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ACH Network Processed 21.5B Transactions in 2017

PYMNTS

New data shows that the ACH Network processed 21.5 It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. And the network’s growth rate for last year is the highest since 2008.

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The Five Numbers That Can Make Payments More Efficient

PYMNTS

Though ISO 20022 is all about creating a standardized approach to building messaging standards across financial services, it’s still a standard that can be lost among many of the businesses that need it most. Making The Case For ISO 20022. The Path To Ignition.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

ACH might be among the most readily visible paper check killers — and as Nacha’s Larimer noted, “we need more than just ACH to make huge inroads [against checks]. Real time and the ACH network can actually work together to displace paper checks.” ACH, she said, has been growing by double-digit percentage points annually.

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

Interoperability will get a boost with messaging standards such as ISO 20022. If you want to originate on a card network, but pay out through an ACH network, let’s do it. If you want to originate an ACH and pay directly to an account, we can do that as well.

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