PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

EBizCharge

JULY 18, 2024

Standards: EDI follows strict international standards for formatting electronic documents, whereas ACH transactions comply with the National Automated Clearing House Association (NACHA) rules. ACH vs EFT ACH is a form of EFT, but EFT is a broad category encompassing different electronic payment types, including ACH.

ACH 52

ACH Transactions Payments Funds Transfer 52

PYMNTS

AUGUST 12, 2019

Direct deposit over the ACH network eliminated that friction and got them earlier access to those funds. Fast-forward four decades, and everyone – FIs, ACH operators, FinTechs – have been working overtime to get payroll off the paper check and to get wages into workers’ bank accounts faster.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78