Remove ISO 20022 Remove Payment Message Remove Same Day ACH
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Same Day ACH: Impacts At The Intersections

PYMNTS

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. Much like ISO 20022, tokenization is not a new concept for NACHA.

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Clearing Up The Case For ISO 20022

PYMNTS

Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. This “standard for standards” is designed to set the tone for a global financial industry message scheme, but unfortunately it is often misunderstood.

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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

Real-time payment rails can gain ubiquity once third-party developers start leveraging them for new apps and other services. A successful new rail] couldn’t just be something that’s a little faster than same-day ACH,” he explained. Offering new capabilities is one way for a payment rail to stand out. Proving Value.

RTP 81
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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

“That is definitely the secret sauce, relative to speed and ease of integration, because corporates can disburse payments digitally and reconcile them through their systems as though they sent a check,” said Reed. “It GreenBox POS Adds Same-Day ACH Support. It really minimizes the disruption.”.

B2B 52