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NACHA Approves Expansion Of Same Day ACH

PYMNTS

NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. Funds from Same-Day ACH credits processed in the existing first window will be made available by 1:30 p.m.

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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. The Mountain View, Calif.-based

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Instant ACH Transfers Online

Payment Savvy

However, there are factors that can impact the transfer time: The time of day for the transfer The bank’s processing schedule Network transaction volume Additionally, ACH transfers only occur on business days, so weekends and holidays can also affect the processing time.

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Securing The Speed Of Securities Transactions

PYMNTS

As the NACHA Rules have evolved, so has the concept that the Standard Entry Class can be used to determine how an ACH Entry is handled.” Stone, who has worked with NACHA and ACH processing since 1980, has the historical perspective needed to make such observations.

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Understanding the Maximum ACH Transfer Limit

EBizCharge

The two types of ACH transfers are ACH credit, where funds are pushed into an account, and ACH debit, where funds are pulled from an account. That said, ACH transfers do come with some limitations. What is an ACH transfer limit? How long does it take for an ACH transfer to process?

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Tapping ACH, Blockchain Into The Game Of Faster SMB Travel Payments

PYMNTS

Entrepreneurial and small travel management firms face a few key points of friction when it comes to payments: the volume of transactions they have to manage and the cost of accepting payments. Alas, ACH is a far-from-perfect payment rail, Koeppel admitted.

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