Remove Faster Payments Remove Payments Strategy Remove Same Day ACH
article thumbnail

VP Of The ABA Shares Same Day ACH Perspective

PYMNTS

Same Day ACH has been a focus for banks since it was proposed in early 2014. 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.

article thumbnail

Third Parties Help Central Banks Ride RTP Rails

PYMNTS

The uptake of faster payment systems keeps going up — and up, and up. In fact, the number of Same Day ACH transactions rose by 192 percent in Q3 2018 over the same period from the previous year. So, what’s holding back a more rapid faster payments adoption? Around The Faster Payments World.

article thumbnail

Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Here are five fast facts that PYMNTS' study uncovered about demand for both a modern digital disbursements experience and the implications for businesses that do — and don’t — make them part of their payments strategy. Consumers might not recognize similar payment options as distinct from each other, like standard ACH and same-day ACH.

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

ACH Becoming The Mediator Between Conflicting AR, AP Needs

PYMNTS

For a single business, juggling delayed payments with a desire to digitize its own supplier payments may come into conflict. But according to Paybox’s Gilbert, there are some overall trends in how a company approaches its payments strategy.

ACH 46
article thumbnail

Payments Acceleration Shifts The Risks For Buyers And Suppliers

PYMNTS

That’s despite a common concern, as faster payment schemes roll out across the globe, that accelerated transactions mean less time to identify fraud. NACHA told PYMNTS’ Karen Webster that a survey found 0 percent of financial institutions reported an increase in fraud due to Same Day ACH. In the U.S.,

Risk 42
article thumbnail

Viewing Payments As The Corporate Cash Flow Lever

PYMNTS

Same Day ACH is on the cusp of entering the market, blockchain startups are making their visions a reality with bank partners and the financial services industry as a whole, it seems, is ready to make payments faster and more digital. But in B2B payments, are corporates ready to participate in this new ecosystem?