PYMNTS

SEPTEMBER 17, 2018

NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. Funds from Same-Day ACH credits processed in the existing first window will be made available by 1:30 p.m.

Same Day ACH 76

Same Day ACH NACHA ACH ACH Network 76

Stax

MARCH 27, 2025

They check for fraud and fund availability (Verification) before depositing the money into your account (Completion). EFT comes in many forms that suit different business needs. What makes ACH different from other electronic payment methods? Cards, online banking, and P2Ps send funds electronically within seconds.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. Unlike traditional ACH transfers, which can take several days to process, instant ACH transfers significantly reduce the waiting time, making funds available to recipients within minutes.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Nanonets

SEPTEMBER 8, 2023

It affects six major aspects: Speed - Wire transfers typically provide instant settlement, often occurring on the same business day. In contrast, ACH transactions may take 3 to 4 business days to settle due to the need for batching and clearance processes, which introduce delays in fund transfers.

Wire Transfer 52

Wire Transfer Wire Wires ACH 52