NACHA, Operation Bulletin and Same Day ACH

NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

MARCH 13, 2019

NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. The passage was contingent upon the approval of the Federal Reserve Board by June 30 of this year.

Same Day ACH

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light.

Faster Payments

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Payments Space

NACHA Postpones Same-Day ACH Window Due To Fed Board

Faster Payments: Does The Fed Have A Hidden Agenda?

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