PYMNTS

SEPTEMBER 15, 2017

In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much preparation in terms of enhancing systems and processing, in tandem with significant testing, after a smooth Phase 1 of Same Day ACH debuted last September. 2016 and July 2017.

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PYMNTS

SEPTEMBER 15, 2017

In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September. We’re seeing robust use of same-day ACH credits,” said Larimer. We are excited for this to go live.”.

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PYMNTS

APRIL 17, 2017

With the implementation of Same Day ACH, we have added to the robust capabilities of the Network, now enabling not only next-day payment capabilities, but same-day capabilities as well. Same-day direct deposits accounted for more than half of that Same Day ACH volume, with B2B payments making up a third.

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PYMNTS

SEPTEMBER 14, 2018

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. The ACH Network is thriving, and has achieved a milestone of more than 2 billion payments in one month,” said Jane Larimer, chief operating officer of NACHA. In addition, close to 1.5

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PYMNTS

NOVEMBER 2, 2018

The news comes after NACHA announced in late July that debit and credit transactions totaled more than 5.7 billion ACH debit and close to 2.4 billion ACH credit transactions made in the second quarter of this year. billion in the second quarter of 2018, a 6.2 NACHA noted there were more than 3.3

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PYMNTS

APRIL 11, 2018

2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. percent increase in business-to-business transactions (3.3

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PYMNTS

SEPTEMBER 15, 2020

There will soon be rules in place that govern how merchants and other entities make sure the accounts presented for debit transactions are valid — and in the process, cut down on fraud and chargebacks. FIs who are processing WEB Debits from their Treasury clients, must ensure those clients have an account validation process in place.

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