PYMNTS

NOVEMBER 9, 2017

Fourteen months since the Phase 1 roll out, 43 percent of financial institutions (FIs) now allow businesses to originate same-day ACH credit. However, 25 percent of FIs still do not offer SDA origination to business customers, given the lack of support from core processors and software providers, who have yet to make these features available.

Same Day ACH 41

Same Day ACH ACH NACHA Origination 41

PYMNTS

SEPTEMBER 15, 2017

For NACHA, there’s a rollout of a different sort, with far-reaching impact on how, who and when consumers and enterprises see funds flow. Amid the robust use cases, NACHA is seeing three that are prevalent thus far. Here, all financial institutions must make funds from same-day credits available by 5:00 p.m.

Same Day ACH 48

Same Day ACH ACH NACHA Debit Transaction 48

PYMNTS

DECEMBER 13, 2017

It has been 14 months since the first phase of Same Day ACH credits debuted, and in numbers via a joint study by PYMNTS and NACHA, business origination of Same Day ACH credit has been significant, with clear trends in place that show healthy use and demand. based financial institutions (FIs) offer same-day credits.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

PYMNTS

SEPTEMBER 7, 2017

Apologies to any Iron Man 3 devotees reading this, but follow-ups just typically don’t have the Jaws of, well, the original. To ensure that originating customers are intending to process same-day transactions, McKay said the bank will not automatically enroll its business customers in Same Day ACH debits. About the Tracker .

Same Day ACH 45

Same Day ACH ACH NACHA ACH Network 45

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 23, 2016, followed by Same Day ACH debits in 2017, and then faster ACH credit funds availability requirements for RDFIs as the third phase.

Faster Payments 40

Faster Payments ACH Network Same Day ACH ACH 40

PYMNTS

APRIL 6, 2017

The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. He said originating and receiving banks that misunderstand and violate the rules could be subject to fines that range from $1,000 to $500,000. About the Tracker .

Same Day ACH 40

Same Day ACH ACH ACH Rules Rules 40

PYMNTS

NOVEMBER 10, 2017

Same-day ACH: Some encouraging stats from joint research from NACHA and PYMNTS. Some 14 months since launch, and among 125 FIs surveyed, 66 percent are making same-day funds available. About 75 percent of firms plan to offer same-day ACH credit origination to their business customers by the end of 2018.

Same Day ACH 40

Same Day ACH ACH NACHA Ransomware 40