PYMNTS

NOVEMBER 3, 2016

Today’s consumers increasingly expect payments to be processed quicker than ever before, and insurance companies are turning to newly introduced faster payment initiatives, such as Same Day ACH, to accommodate the demand. Maximizing Same Day ACH opportunities. Overcoming the antiquated.

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Faster Payments Same Day ACH ACH Payments 72

PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It may also change the conversation about faster payments in the U.S.

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Payments Source

JULY 20, 2017

Same-day Automated Clearing House transactions exist, in part, as a first step in the faster payments initiatives taking place in the U.S. But are they lucrative enough for acquirers to add to their portfolio?

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Acquirers ACH Faster Payments Payment Initiation 69

PYMNTS

DECEMBER 12, 2017

Faster and real-time payments are generally considered a benefit for the consumer payments world. finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Another faster payments service in the U.S.,

Faster Payments 48

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PYMNTS

NOVEMBER 16, 2016

15) that banks using its Bank Centric Payments platform will now have access to real-time payments thanks to a collaboration with Push Payments. Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said. The company said Tuesday (Nov.

Real Time Payments 71

Real Time Payments Remote Deposit Capture Same Day ACH ACH 71

PYMNTS

APRIL 8, 2016

6, 2015, speaking at the Faster Payments Imperative, NACHA CEO Jan Estep emphasized the need to continue the dialogue about what the concept of faster payments really means. “We The payments industry as a whole is beginning to understand that faster payments actually means a number of different things.

Faster Payments 40

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PYMNTS

SEPTEMBER 26, 2016

Same Day ACH is now a reality and, with much fanfare, represents the first ubiquitous faster payments initiative in the United States without an attendant regulatory mandate. But as Karen Webster noted in the latest installment of Topic TBD, even as faster payments takes a step closer to reality in the U.S.,

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Same Day ACH Faster Payments Ubiquitous ACH 71

PYMNTS

MAY 4, 2016

In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Here’s a sneak peek: The ultimate goal, Waterhouse said, is ubiquity – namely, to make real-time payments mainstream. “We

Faster Payments 40

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PYMNTS

MAY 3, 2017

NACHA may have assured some banks that Same Day ACH hasn’t led to an increase in payments fraud, but concerns remain widespread about how the initiative and other faster payments efforts will reduce the window of opportunity for FIs to detect and prevent an incident. Faster payments is especially prone.”.

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PYMNTS

JULY 6, 2017

With the speed of payments accelerating and Same Day ACH initiatives continuing to roll out, NACHA has pulled together a group of industry experts to explore API standardization as a way to facilitate faster payment speeds and greater transaction security, among other use cases.

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PYMNTS

SEPTEMBER 9, 2016

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.

Same Day ACH 40

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PYMNTS

JANUARY 27, 2017

Digital payments firm Dwolla is the latest to want in on the Federal Reserve Faster Payments initiative. 26) said the FinTech company is one of 19 to submit proposals on how to run part of the Fed’s real-time payments network. Reports by Forbes Thursday (Jan.

Faster Payments 40

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PYMNTS

SEPTEMBER 2, 2019

Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Faster Payments.

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Commercial Card Payment APIs and Integration Faster Payments ACH 74

PYMNTS

AUGUST 3, 2016

Same Day ACH has been a focus for banks since it was proposed in early 2014. Phase 1 of the Faster Payments initiative launches on Sept. will be able to accept Same Day payments, with the option to originate them. 23 to go smoothly is that the ACH network is already being used by banks and consumers.

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PYMNTS

NOVEMBER 2, 2016

Today’s consumers increasingly expect payments to be processed quicker than ever before, and insurance companies are turning to newly introduced faster payment initiatives, such as Same Day ACH, to accommodate the demand. Around the Faster Payments world. About The Tracker.

Faster Payments 74

Faster Payments Same Day ACH NACHA Payments 74

PYMNTS

AUGUST 24, 2016

From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. New research from payments technology firm Hyperwallet is placing data behind the need for employers to come through on payday.

Faster Payments 42

Faster Payments Same Day ACH Payroll On-Demand 42

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

Faster Payments 41

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PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

MARCH 28, 2016

The path to faster payments in the U.S. doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster.

Faster Payments 48

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PYMNTS

NOVEMBER 23, 2016

But with federal officials now pressing for faster payments technologies to get off the ground, time is running out for the nay-sayers to be convinced. The firm has introduced real-time payments capabilities for its Bank Centric Payments platform, built for financial institutions. Doubt plagues any disruptive technology.

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Real Time Payments Payer Faster Payments Payments 73

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™.

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B2B Same Day ACH API ACH Network 76

PYMNTS

FEBRUARY 18, 2020

To help remove the frictions that exist within healthcare , payment choice can be a powerful tool in fostering ubiquitous acceptance — across such options as ACH and cards. He added that wires are particularly vulnerable to many of the new payment networks and technologies being deployed. The Power Of Choice — And Automation.

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B2B Faster Payments Payments ACH 52

PYMNTS

NOVEMBER 18, 2020

Fifth Third’s Chayt said the need for speed might have gotten real-time payments initiatives off the ground, but that’s just a starting point. economy is proving to be a tailwind for faster payments and processes. That said, the U.S. That was then, this is now.”.

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PYMNTS

NOVEMBER 5, 2019

Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign of faster payments gaining traction in the U.S. Faster Payments Interoperability is a Must. A new report from the U.S. On Monday (Nov. 4), the U.S.

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PYMNTS

MARCH 7, 2018

From community banks to central banks, the need for faster payments is gripping financial institutions (FIs) of all shapes and sizes. FIs worldwide are making bold pushes to increase their payment speed, from Australia’s new real-time payments scheme to Saudi Arabia’s turn to blockchain. Around the Faster Payments scene.

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Same Day ACH Faster Payments Cross-Border Cross-Border Payments 40

PYMNTS

MAY 26, 2016

.” He pointed to a client that, for example, may need to coordinate some type of event and needs to accept card payments from event registrants but also facilitate payments via ACH to event organizers. Stewart described the faster payments initiatives of the U.S.

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B2B Same Day ACH ACH Faster Payments 40

PYMNTS

APRIL 7, 2016

The Fluid Faster Payments Conversation. For this month’s cover story, PYMNTS interviewed Jan Estep, NACHA’s CEO, about the continuing need to foster dialogue around what faster payments really means. . To download the April edition of PYMNTS Faster Payments Tracker ™ , powered by NACHA, click the button below.

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PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Some argue electronic payments, like credit cards, are the answer. Buyer Financing.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

MAY 8, 2017

Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions regarding how the financial services sector takes on the initiative or where each market is at in terms of progress in achieving real-time payments capabilities. In the U.S.,

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

PYMNTS

AUGUST 10, 2016

It’s already happening, said Clayton Moore, CEO and cofounder of NetCents, especially when it comes to ACH payments. “It’ll be more of an instant payment. Right now, they’re taking three to five days in clearing,” he said of ACH payments. ”

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PYMNTS

DECEMBER 4, 2019

” ACI Worldwide Joins Faster Payments Initiatives. Electronic payments and banking solution provider ACI Worldwide recently showed its support for U.S. efforts to bring faster payments to ubiquity by joining the Faster Payments Council (FPC).

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B2B RTP Cross-Border FPC 52

PYMNTS

JUNE 20, 2016

.” One of the biggest hurdles in efforts to promote the adoption of ISO 20022 is NACHA, which has yet to decide whether it will implement ISO 20022 for ACH payments. Swendseid said she is confident that, once wire payments move to the ISO 20022 standard, ACH payments will soon follow.

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ISO 20022 ISOs Fed AFP 40

PYMNTS

APRIL 24, 2018

There is a paradigm shift beginning to brew thanks to several factors, including the rise of the gig economy and faster payments, all combining to question the longstanding practice of a payday every two weeks. Barha said he is “absolutely” watching the real-time payments space.

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Payroll Consumer Financial Protection Bureau (CFPB) Faster Payments Real Time Payments 43

PYMNTS

JULY 25, 2018

ACH is slated to surpass checks as the most popular payment rail for supplier payments, for example, and Snow said he sees businesses relying on ACH for many reasons, particularly when it comes to larger expenses.

ACH 48

ACH Payroll Same Day ACH Payments 48

PYMNTS

MAY 4, 2018

Industry consolidation is a lofty objective, and with so much happening in corporate payments – from faster payment initiatives to cross-border payments technologies – where does one start? In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

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Same Day ACH P2P B2B Cross-Border 46

PYMNTS

JULY 22, 2016

VocaLink is all about two things: enabling digital account to account money movement and using its rails to power faster payments initiatives. So far, that’s in Singapore, U.K. Speaking of debit products, PayPal and Venmo accountholders will be given instant credit to their accounts for money sent to and from Visa accounts.

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PayPal ACH Payments Visa 41

PYMNTS

JULY 25, 2016

As has been much documented, Europe has embraced the payments initiative, which expands messaging capabilities and has as its central core tenet standardized (but flexible) messaging across FX, transactions and payments rails. water’s edge, to borrow a phrase from politics. Temporarily.

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ISO 20022 ISOs Federal Reserve Message Standards 40