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Today In Data: Same Day ACH

PYMNTS

In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much preparation in terms of enhancing systems and processing, in tandem with significant testing, after a smooth Phase 1 of Same Day ACH debuted last September. 2016 and July 2017.

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PYMNTS Daily Data Dive: Same Day ACH

PYMNTS

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, recently provided the Same Day ACH transaction volume data for September 23 to December 30, 2016. Direct deposit made up the largest segment of Same Day ACH transaction volume — some 52 percent, or 6.8

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NACHA Releases Same Day ACH Stats

PYMNTS

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the Same Day ACH transaction volume data for Sept. Same Day ACH is an industry initiative toward faster payments. Direct Deposit comprised 52 percent of Same Day ACH volume, or 6.8

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For NACHA’s Same Day ACH, The Debit Debut

PYMNTS

In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September. We’re seeing robust use of same-day ACH credits,” said Larimer.

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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

So far, the IPX solution has displaced 25% of same-day ACH transactions, with 53% fewer fraud losses compared to same-day ACH and an 83% reduction in operational overhead for P2P payment networks.” ” said Star One CEO Gary Rodrigues.

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NACHA ACH Payments Volume Tops 2 Billion

PYMNTS

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. The ACH Network is thriving, and has achieved a milestone of more than 2 billion payments in one month,” said Jane Larimer, chief operating officer of NACHA. In addition, close to 1.5

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ACH Network Payment Volume Jumps Almost 7 Percent In Q3

PYMNTS

1) that automated clearing house (ACH) payments totaled more than 5.6 The ACH network is thriving,” said Jane Larimer, chief operating officer of NACHA, in the press release. “Governments, financial institutions, businesses and consumers are all reaping the benefits the ACH network provides.”. “The billion, which is a 3.7