Payments Source

AUGUST 12, 2020

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

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NACHA Phixius ACH Network ACH 118

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

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ACH Facilitators ISVS Payment APIs and Integration 88

PYMNTS

MARCH 1, 2018

NACHA and the Interactive Financial eXchange (IFX) Forum have announced plans to combine their organizations to improve the development of standardized Application Programming Interfaces (APIs). IFX will also retain its own governing board. Both organizations share common interests,” said IFX Forum President Richard Urban.

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NACHA API ACH Network ACH 64

PYMNTS

SEPTEMBER 4, 2017

NACHA, the Electronic Payments Association, announced Friday several staffing changes along with realignment of some responsibilities – efforts the overseer of the ACH network said would dovetail with new strategic directions. . Larimer had previously served as executive vice president of ACH network services and general counsel.

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NACHA ACH Network Nacha Operating Rules ACH 62

PYMNTS

MARCH 8, 2017

From innovations like the data-sharing of B2B APIs to the Same Day ACH Network to blockchain innovations, the space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and efficiency. Enter the new PYMNTS.com B2B API Tracker™. All in on APIs.

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B2B Same Day ACH API ACH Network 76

PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

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B2B Same Day ACH NACHA ACH 89

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. ACH Gets A Boost In The Public Sector. ” APIs Connect Corporates To Payment Rails Directly.

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Innovation Global Payments Cross-Border ACH 73

Stax

MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. Stax Pay offers an embedded payment gateway you can easily incorporate with your website using the Stax API.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Fintech Finance

MAY 7, 2024

This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality. bank account information,” said Rob Unger, Associate Managing Director of ACH Network Development at Nacha. “Phixius connects payment validation requestors to responders.

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Phixius Account Validation NACHA Accounts 52

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. Aside from using the blockchain, it will use Afinis interoperable and standardized APIs, as well as ISO 20022. billion payments, up 7.7

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NACHA Phixius B2B Same Day ACH 52

PYMNTS

SEPTEMBER 11, 2019

While Dwolla’s ACH payment API connects businesses to the ACH Network to facilitate payments within the United States, the partnership with Currencycloud allows Dwolla’s clients to carry out international payments in 35 currencies and 180 countries.

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International Payments ACH Network ACH API 51

PYMNTS

AUGUST 29, 2019

Open banking is typically achieved via application programming interfaces (APIs) that allow third-party developers to create tools based on the specific services and information FIs offer, ensuring they are compatible with other banks’ procedures. How Does Open Banking Help Credit Unions?

Credit Union 63

Credit Union Payment APIs and Integration API Credit Union Service Organization 63

PYMNTS

NOVEMBER 3, 2020

Also focused on real-time transacting is OpenPayd , an application programming interface (API) Banking-as-a-Service (BaaS) company that debuted its InstantFX service. B2B Drives ACH Volume Up. The latest figures from the ACH Network show a surge in B2B payments volume on the payment rail, new data from Nacha revealed.

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Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

Payment Savvy

AUGUST 4, 2020

Starting March 19, 2021, the National Automated Clearing House Association (NACHA) will require businesses to perform online verification of bank accounts before they accept or process ACH payments. ACH payments play a significant part in online payment acceptance options. Why the changes? This accounts for close to 82% of all U.S

Account Validation 52

Account Validation NACHA Accounts ACH 52

PYMNTS

MAY 25, 2017

Hence the recent announcement of the 2017 NACHA Payments Awards , which seeks to spotlight innovation and advancements in payments technology, which this time around was predicated on proven accomplishment in advancing electronic payments and finding new ways to leverage Same Day ACH. can be reached.

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NACHA Same Day ACH Innovation ACH 46

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. The ACH Network, conceived in the 1970s to replace paper checks for payroll, provides the backbone for the electronic movement of money and data in the U.S.,

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NACHA Faster Payments Same Day ACH ACH 45

PYMNTS

DECEMBER 10, 2019

Earlier this year the firm acquired Earthport , one of the world’s largest independently operated ACH networks. We are building this universal API that sits on the front end and, depending on where you live, you can answer that question a number of different ways. The additions to Visa Direct have been many and myriad of late.

P2P 72

P2P Push-to-Card Credential Payment APIs and Integration 72

PYMNTS

MAY 15, 2019

Earthport offers cross-border payment services to banks, money transfer service providers and other businesses through the largest independent ACH network. … We can be the network of networks with interconnection between all of the financial systems across the globe,” Sheley said.

Cross-Border 74

Cross-Border Cross-Border Payments Credential Wire Transfer 74

PYMNTS

MARCH 23, 2018

The integration is facilitated via data tokenization and API calls, allowing Hyperwallet’s payout solution to work within tilr’s web and mobile applications. At the time, Hyperwallet noted that wire transfers support international payouts when ACH networks are unavailable while improving visibility to transfer and foreign exchange fees.

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Payment APIs and Integration Wire Transfer ACH Network Wire 40

PYMNTS

DECEMBER 20, 2017

The challenge of building a network of compliant banks was to first find a payments system that the financial institutions and regulators would be comfortable with. For CanPay, that was the ACH network. The Changing Marketplace. Cannabis sales, Eide noted, are a complex problem to solve.

Payment APIs and Integration 47

Payment APIs and Integration Payments Legal Digital Payments 47