Stax

SEPTEMBER 17, 2024

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. A typical ACH transaction is like a machine with multiple moving cogs.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

PYMNTS

AUGUST 31, 2017

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

Same Day ACH 53

Same Day ACH ACH ACH Rules NACHA 53

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Iceland Debuts Instant Payments. Nacha Drives Corporate ACH Adoption.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

JULY 26, 2016

In a case study offered up by Enova’s Lake, who led the implementation for Enova’s CashNet USA brand, which “started when NACHA announced ACH rule changes that would take effect in 2015,” with the intent to gain insight on how those changes, related to business payments, would impact then-current Enova processes.

NACHA 40

NACHA Nacha Rules ACH Rules ACH 40