Remove Faster Payments Remove NACHA Remove Payments Strategy
article thumbnail

NACHA, FPC Team For Faster Payments Playbook

PYMNTS

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Faster Payments Project Team has been working for almost a year to develop faster payments resources, including the Playbook. “The

FPC 50
article thumbnail

Creating the Faster Payments Tools to Combat Complexity

Faster Payments Council

According to the results of our recent Faster Payments Barometer Study, 48% of organizations identify as early adopters of faster payments. While that's a healthy number, it demonstrates we still have work to do to reach the goal of ubiquitous adoption that is our target here at the Faster Payments Council.

article thumbnail

Corporates Play Payment Rail Musical Chairs

PYMNTS

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. Deutsche Enables Faster Payments In Thailand. NACHA Notches ACH Growth.

NACHA 82
article thumbnail

Does The U.S. Faster Payment System Need A Federal Mandate?

PYMNTS

financial players active in the payment infrastructure, is a government-backed mandate necessary to keep these various entities on the same page? That’s a question the Federal Reserve Faster Payments Task Force is considering as it looks at ways to make U.S. faster payments safer and more efficient. trillion.

article thumbnail

VP Of The ABA Shares Same Day ACH Perspective

PYMNTS

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.

article thumbnail

When B2B Payments Innovation Is All Talk, No Action

PYMNTS

. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

B2B 55
article thumbnail

Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. But how businesses reshape their payment practices varies.

Payer 60