PYMNTS

DECEMBER 13, 2017

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.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

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. demand for faster payment capabilities, too.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

MARCH 18, 2019

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 finally, that the banks and the card networks are the big losers. Then came PayPal’s debut of Instant Transfer to Bank. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JULY 3, 2017

The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and operating rules. Discussion topics on the Hill this year ranged from APIs and same-day ACH to bitcoin and banking marijuana sales.

NACHA 45

NACHA Faster Payments Same Day ACH ACH 45

PYMNTS

AUGUST 30, 2018

In the financial services sector, payment rail networks are a valuable resource for quickly moving and settling payments between parties. for example, the last of three same-day ACH phases was rolled out earlier this year, which requires receiving depository financial institutions to make funds available by 5 p.m.

Same Day ACH 40

Same Day ACH Cross-Border ACH SWIFT 40

PYMNTS

APRIL 5, 2018

According to a NACHA survey , 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate. The survey was conducted in November and December of 2017 and included 22 FIs that represent 78 percent of the ACH Network origination volume.

Economy 43

Economy Zelle Same Day ACH P2P 43

PYMNTS

AUGUST 30, 2018

This demand for efficient payments has propelled the emergence of several payment rail networks, each designed to help facilitate and accelerate the delivery of funds, including those offered by the Automated Clearing House (ACH) network, Fedwire and The Clearing House. Citi Calls for Payment Network Standardization.

Cross-Border 40

Cross-Border Cross-Border Payments Same Day ACH Instant Payments 40

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. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78