PYMNTS

DECEMBER 12, 2017

2 million | Number of Same Day ACH transactions made in the first 11 days of Same Day ACH’s availability, according to NACHA’s statistics. Those statistics also stated more than 178,000 Same Day ACH transactions were made per day, accounting for a total of approximately $1.5

Same Day ACH 40

Same Day ACH ACH C2B AFP 40

PYMNTS

DECEMBER 5, 2017

The digital economy is here and, for many consumers, it has become a way of life. Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. The ability to keep up with consumer demand is the crux of any capitalist enterprise.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

OCTOBER 2, 2019

To get a sense of where faster payments are headed, look to the consumer. The Consumer Case, Leading To The Business Case. Yet, Kresse pointed out that, ultimately, individual consumer behavior drives changes in business behavior. So, from the beginning, start with the individual consumer. Particularly in the U.S,

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

DECEMBER 12, 2017

Faster and real-time payments are generally considered a benefit for the consumer payments world. Federal Reserve made its own progress in exploring how the nation’s regulatory environment can support faster payments progress while maintaining security, while NACHA offered up some new data on same-day ACH volume growth in the country.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

NOVEMBER 6, 2018

Recently, NACHA — The Electronic Payments Association approved three new rules to update Same Day ACH services. Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

MARCH 2, 2016

The reason faster payments is so important, Proto said, is because the four major quadrants of the payments industry — P2P, B2B, B2C and C2B — are all beneficially impacted when it comes to the expedited movement of money and data. When it comes to P2P payments, Proto pointed to a shifting consumer mindset and, in turn, adoption.

Faster Payments 41

Faster Payments NACHA C2B P2P 41