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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

Reports noted the collaboration means the three partners will have access to real-time transaction capabilities via their combined resources of participating banks, money transfer operators and other financial service provdiers. Nacha is rolling out a new resource center designed to help corporates embrace the ACH Network.

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Staffing Changes And New Initiatives Announced At NACHA

PYMNTS

NACHA said that Janet Estep continues as its president and CEO, while Jane Larimer becomes chief operating officer in a new role effective Sept. NACHA said that managing director of network development and strategic initiatives George Throckmorton will report to Estep.

NACHA 62
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Fed Seeks Comment On New Operating Hours For Fedwire Funds

PYMNTS

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. “On Sept.

FedWire 51
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Clearing Up The Case For ISO 20022

PYMNTS

NACHA continues to work closely with the countries and financial institutions that support the mapping to identify what happens with any information that may not be mapped totally. NACHA calls this work integration. Unlike the situation with high-value wire transfers, there’s no wide-scale conversion planned for ACH. ”