PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

SEPTEMBER 21, 2016

Through NACHA’s Countdown to Same Day ACH podcast series, we’ve explored what Same Day ACH is all about, the myriad of use cases and applications it’s designed to deliver and if corporations and businesses are truly ready for the change. What’s Under The Faster Payments Umbrella?

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

JANUARY 21, 2019

NACHA was able to get all 13,000 banks in the U.S. NACHA reports that a growing percentage of healthcare claims are now using SDA rails instead of checks – one giant leap toward putting checks out of business. Oddly, the push for faster payments also comes at the same time when payments in the U.S. it has been since the fall of 2017.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

OCTOBER 8, 2018

NACHA is examining additional windows for weekends and has increased the limits for how much money can be sent over those same-day ACH rails. Instead, it’s a lack of certainty that good funds are on the way — and when they’re expected to arrive. The rules of the existing rails have been modernized too.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

JULY 16, 2018

Businesses wait to be paid by their buyers — not knowing when the money will actually be received, if it is good funds and sometimes how much they’ll get. The task force published its recommendations in 2017, the same year NACHA went live with Same Day ACH across all of the banks in the country. banking system.

On-Demand 43

On-Demand Settlement Consumer Real Time Payments 43