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PYMNTS
DECEMBER 8, 2016
Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. In October alone, the ACH Network processed nearly $5 billion in 3.8
PYMNTS
AUGUST 3, 2016
For the August edition of the PYMNTS.com Faster Payments Tracker™, powered by NACHA, PYMNTS interviewed Steve Kenneally, Vice President of the American Bankers Association, to get his take on this important step forward for banks, FinTech players, businesses and customers. Starting on this date, all financial institutions in the U.S.
PYMNTS
MAY 4, 2016
Whether it’s downloading or streaming music, ordering takeout via telepathy or paying their bills, consumers expect to be enabled to complete tasks immediately. Challenges and solutions continue to emerge surrounding NACHA’s recent move toward establishing Same Day ACH payments, which are due to arrive as soon as September 2016.
PYMNTS
DECEMBER 8, 2017
The report laid out strategies for fostering a ubiquitous, secure, faster payments ecosystem by 2020. A press release announcing the creation of the Formation Team included a deadline to achieve what it refers to as “ubiquitous faster payments capabilities in the U.S. Path to Faster Payments: A Call to Action.” About the Tracker .
PYMNTS
AUGUST 4, 2016
It was then that NACHA proposed the shift to settling three times a day, ve days per week, to give consumers and businesses access to more efficient transactions. So I think it’ll be interesting to see how quick consumer and commercial customer adoption is, and see if it meets NACHA’s predictions.”. About The Tracker.
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