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Instant ACH Transfers Online

Payment Savvy

The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network. Instant ACH transfers have gained prominence as they cater to the increasing demand for expedited financial transactions.

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Nuvei Teams up With Microsoft to Streamline Payments for SMEs

Fintech News

This integration enables organisations worldwide to incorporate various payment methods, such as card payments and instant bank transfers, including ACH transactions in the U.S., Nuvei aims to continue exploring collaborative opportunities with Microsoft across various geographies and use cases.

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Jack Henry and Victor Offer Embedded Payments Platform for Regional and Community Financial Institutions to Better Support Business Customers

Fintech Finance

The core integration allows for transaction-level, near real-time reconciliation, safeguarding the financial institution from clients spending funds they have not yet reconciled. Financial institutions are using the platform to serve a wide range of business entities and fintechs across a robust set of payment types.

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Nuvei launches ERP integration with Microsoft Dynamics 365

Fintech Finance

Businesses across the globe can now seamlessly integrate all relevant payment methods including card payments and instant bank transfers (including ACH transactions in the U.S.), Nuvei will continue to explore ways to work collaboratively with Microsoft across geographies and use cases through this partnership.

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Mastercard: COVID-19 Is Prompting Treasury Banks To Prioritize Digital Payments

PYMNTS

She added that as consumers lean on merchants, those merchants have started to lean on their banks to offer solutions that are faster and more convenient than simply moving money by check or ACH. The system can provide insurance-policy holders with claim payments in near real time using their preferred payment method.

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Finix Launches Payouts: A Standalone Solution for Fast and Secure Money Movement

Fintech Finance

Payouts has many use cases such as business-to-business (B2B) account payables, gig economy wages, insurance claims, tax refunds, sales commissions, tips, contractor payouts, and more. In addition, businesses can be delayed waiting for bank approvals and integration resources. enabled by Visa Direct.”

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Mastercard: Helping Consumers And Businesses Dive Into The Digital Deep End

PYMNTS

“If I, as a merchant, am still settling those transactions paid by the consumer on cards through ACH, then I’m challenged to wait three days for those funds to be available to me,” Hernandez said. Instant push payments replace the days of waiting that are common with ACH transfers. And you know these days, immediacy matters.”.

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