PYMNTS

SEPTEMBER 15, 2017

In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September. We’re seeing robust use of same-day ACH credits,” said Larimer.

Same Day ACH 48

Same Day ACH ACH NACHA Debit Transaction 48

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. Hollywood metaphor (almost) aside, there’s another industry near and dear to the Faster Payments Tracker ’s heart, and it’s also producing sequels these days. And, come on — four Chipmunks movies?

Same Day ACH 45

Same Day ACH ACH NACHA ACH Network 45

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. In the case of business customers, the current use of SDA credit origination appears low: Only 43 percent of FIs currently offer SDA credits. About the Report.

Same Day ACH 41

Same Day ACH ACH NACHA Origination 41

PYMNTS

APRIL 6, 2017

Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year. Phase Two, which will allow debit transactions on the same day, is planned for September 2017. The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018.

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. Speed, it seems, thrills. No respondents have seen a boost in fraud.

Same Day ACH 40

Same Day ACH ACH NACHA Ransomware 40

PYMNTS

DECEMBER 13, 2017

In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. Said Herd, additional findings reveal that there are some institutions that would like to offer Same Day ACH to their customers, but the processors or vendors that they rely on haven’t enabled it yet.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

PYMNTS

APRIL 8, 2016

Same Day ACH credits will be rolled out starting Sept. 23, 2016, followed by Same Day ACH debits in 2017, and then faster ACH credit funds availability requirements for RDFIs as the third phase. The next six months. In the U.S. faster payments will be here before we know it. .

Faster Payments 40

Faster Payments ACH Network Same Day ACH ACH 40