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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

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. Impact On Same Day ACH Rollout.

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Taking The Y2K Fear Factor Out Of Same Day ACH

PYMNTS

Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year. Phase Two, which will allow debit transactions on the same day, is planned for September 2017. The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018.

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NEW REPORT: Closing The Demand-Access Gap In Disbursement Choice

PYMNTS

Consumers and microbusinesses have access to many disbursement options, yet they receive a significant share through legacy methods such as paper checks or digital methods that are non-instant. To learn more about how consumers and microbusinesses are receiving disbursements, download the playbook.

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How To Get SMEs To Switch From Checks To ACH

PYMNTS

There’s another catch, though: While Bill.com facilitates ACH payments, it also announced news that it would support paper check payments made by SMEs by producing and mailing out checks to payees on behalf of SME users. Kriplani said that checks are even more popular among small companies. “If

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Built For Speed: Millennials Drive Move To Faster Payments

PYMNTS

There’s a bit from “Seinfeld” way back in the 20th century that, paraphrased, goes like this: A check is like a note from your parents that states, “I don’t have any money, but if you contact these people … I’m sure they’ll stick for me. percent of their insurance and borrowing disbursements through same-day ACH and 12.1

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Can The Insurance Industry Get Aboard The Faster Payments Train?

PYMNTS

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.

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NEW REPORT: B2B Banking’s Tech-Driven Future

PYMNTS

According to the 2016 Electronic Payments Survey released by the Association for Financial Professionals, the use of checks is actually on the rise in B2B payments, compared to usage levels in 2013. To download the March edition of the PYMNTS.com B2B API Tracker™, click the button below. Enter the new PYMNTS.com B2B API Tracker™.

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