PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It may also change the conversation about faster payments in the U.S.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

MAY 4, 2016

In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Here’s a sneak peek: The ultimate goal, Waterhouse said, is ubiquity – namely, to make real-time payments mainstream.

Faster Payments 40

Faster Payments Same Day ACH NACHA ACH 40

PYMNTS

NOVEMBER 3, 2016

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. Overcoming the antiquated. Stay tuned for updates as we monitor the industry’s track.

Faster Payments 72

Faster Payments Same Day ACH ACH Payments 72

PYMNTS

APRIL 8, 2016

6, 2015, speaking at the Faster Payments Imperative, NACHA CEO Jan Estep emphasized the need to continue the dialogue about what the concept of faster payments really means. “We The payments industry as a whole is beginning to understand that faster payments actually means a number of different things.

Faster Payments 40

Faster Payments ACH Network Same Day ACH ACH 40

PYMNTS

MAY 3, 2017

NACHA may have assured some banks that Same Day ACH hasn’t led to an increase in payments fraud, but concerns remain widespread about how the initiative and other faster payments efforts will reduce the window of opportunity for FIs to detect and prevent an incident. Faster payments is especially prone.”.

Faster Payments 45

Faster Payments B2B Email Compromise Same Day ACH 45

PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. Much like ISO 20022, tokenization is not a new concept for NACHA.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

JULY 6, 2017

With the speed of payments accelerating and Same Day ACH initiatives continuing to roll out, NACHA has pulled together a group of industry experts to explore API standardization as a way to facilitate faster payment speeds and greater transaction security, among other use cases.

API 79

API Same Day ACH NACHA ACH 79

PYMNTS

AUGUST 24, 2016

With so many workers getting paid via direct deposit, Same Day ACH and other faster payments initiatives could theoretically lead to improvements in corporate payroll strategy. Industry experts agree.

Faster Payments 42

Faster Payments Same Day ACH Payroll On-Demand 42

PYMNTS

NOVEMBER 2, 2016

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. Around the Faster Payments world. About The Tracker.

Faster Payments 74

Faster Payments Same Day ACH NACHA Payments 74

PYMNTS

AUGUST 3, 2016

Phase 1 of the Faster Payments initiative launches on Sept. will be able to accept Same Day payments, with the option to originate them. What’s happening in the world of Faster Payments. As Faster Payments become a reality, the issue of fraud is taking center stage. Now, it’s coming to life.

Same Day ACH 41

Same Day ACH ACH NACHA Faster Payments 41

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41

PYMNTS

SEPTEMBER 26, 2016

Same Day ACH is now a reality and, with much fanfare, represents the first ubiquitous faster payments initiative in the United States without an attendant regulatory mandate. But as Karen Webster noted in the latest installment of Topic TBD, even as faster payments takes a step closer to reality in the U.S.,

Same Day ACH 71

Same Day ACH Faster Payments Ubiquitous ACH 71

PYMNTS

APRIL 7, 2016

The Fluid Faster Payments Conversation. For this month’s cover story, PYMNTS interviewed Jan Estep, NACHA’s CEO, about the continuing need to foster dialogue around what faster payments really means. . Here’s a sneak peek: . But that gives you the ability to innovate on top of it,” she said.

NACHA 40

NACHA Faster Payments ACH Network P2P 40

PYMNTS

JUNE 8, 2016

PYMNTS has seen a pattern, at least anecdotally , when it comes to faster payments initiatives and corporates: Executives would rather have secure payments than faster payments, and they’re concerned that, as faster payments initiatives progress throughout the world, it gives the industry less time to identify and mitigate a security threat.

Faster Payments 40

Faster Payments Real Time Payments NACHA Payments 40

PYMNTS

JUNE 20, 2016

” One of the biggest hurdles in efforts to promote the adoption of ISO 20022 is NACHA, which has yet to decide whether it will implement ISO 20022 for ACH payments. Reports said NACHA has created a working group to explore the decision, however.

ISO 20022 40

ISO 20022 ISOs Fed AFP 40

PYMNTS

SEPTEMBER 9, 2016

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. Risky Business.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

PYMNTS

SEPTEMBER 7, 2017

“Through the strategies and tactics outlined in this next steps plan, the Federal Reserve will support continued industry momentum toward safe, ubiquitous, faster payments for our country.”. According to the Fed, payments must not only be faster, they must also be safe and ubiquitous.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

MAY 4, 2018

Industry consolidation is a lofty objective, and with so much happening in corporate payments – from faster payment initiatives to cross-border payments technologies – where does one start? In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

JULY 25, 2016

As has been much documented, Europe has embraced the payments initiative, which expands messaging capabilities and has as its central core tenet standardized (but flexible) messaging across FX, transactions and payments rails. is still in exploratory stages of what ISO 20022 may mean for the payments market at large.

ISO 20022 40

ISO 20022 ISOs Federal Reserve Message Standards 40

PYMNTS

DECEMBER 7, 2016

Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. According to NACHA, the network processed nearly $5 billion in 3.8 still has a long way to go and plenty of faster payment lessons to learn. Around the Faster Payments world.

Faster Payments 76

Faster Payments NACHA Secure Payments Task Force Same Day ACH 76