PYMNTS

SEPTEMBER 14, 2018

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. NACHA — The Electronic Payments Association said the value of the payments was $4.5 This impressive growth demonstrates that businesses and consumers are choosing to use ACH payments.”.

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NACHA ACH Volume Same Day ACH 49

PYMNTS

OCTOBER 4, 2017

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

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Zelle P2P Same Day ACH NACHA 40

PYMNTS

NOVEMBER 2, 2018

NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 In a press release , NACHA said the performance was driven, in part, by business-to-business (B2B) and online payments. According to NACHA , there were more than 3.3 Close to 1.5

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ACH Network ACH NACHA Same Day ACH 67

PYMNTS

JANUARY 29, 2019

During the fourth quarter of 2018, ACH Network volume saw more growth than it has in the last decade, according to the National Automated Clearing House Association (NACHA), which noted same-day ACH payments also reached a new level. billion ACH payments happened in Q4 last year, including 3.5 Upwards of 5.9

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ACH Same Day ACH ACH Network NACHA 65

PYMNTS

NOVEMBER 22, 2016

And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. million in direct deposit [across Same Day ACH] … it’s a bit more than what I thought.

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Same Day ACH ACH NACHA Direct Deposit 65

PYMNTS

JANUARY 15, 2018

6 percent: the portion of same-day ACH volume that constituted B2B payments during the first 11 days of NACHA’s launch of the service. Even more recent data from NACHA, released last week, said same-day ACH transactions accounted for $87.1

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API B2B Same Day ACH Payment APIs and Integration 77

PYMNTS

DECEMBER 12, 2017

Released last week, December’s PYMNTS Faster Payments Tracker , powered by NACHA , tracks progress of faster payments initiatives throughout the U.S. They’re just a few of the latest developments covered in the Faster Payments Tracker, and there are clear implications for peer-to-peer (P2P) and consumer-to-business (C2B) transactions.

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Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

SEPTEMBER 2, 2016

Not only are Same Day ACH payments on the way, but they are expected to have huge impacts on the way payments are made throughout the payments landscape. As we learned in last week’s installment of the Countdown to Same Day ACH podcast series, the first phase of the Same Day ACH initiative launches on Sept.

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Faster Payments Same Day ACH ACH ACH Network 42

Payment Savvy

MAY 16, 2023

Regulators Regulatory bodies like the National Automated Clearing House Association (NACHA) and the Consumer Financial Protection Bureau (CFPB) play an essential role in overseeing the instant ACH transfer process.

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ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

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.

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Faster Payments Fed RTP Same Day ACH 80

PYMNTS

OCTOBER 3, 2017

The discussion took place as NACHA unveiled Phase Two of its Same Day ACH initiative, debuting same-day debits with an eye on settling bill payments with speed and security.

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Faster Payments Same Day ACH Demand Deposit Account (DDA) ACH 49

PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1

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B2B Innovation Same Day ACH NACHA 55

PYMNTS

MAY 10, 2018

The company announced news on Wednesday (May 9) that it is launching its Payment Account Tokenization solution to combat fraud in direct credit, direct debit and person-to-person (P2P) payments. Data from NACHA, however, found no increase in fraud reported by banks since the rollout of Same Day ACH last year.

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Real Time Payments Same Day ACH ACH P2P 43

PYMNTS

NOVEMBER 6, 2018

Recently, NACHA — The Electronic Payments Association approved three new rules to update Same Day ACH services. Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish.

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Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

APRIL 5, 2018

Still, companies are approaching gig payments — along with peer-to-peer (P2P) payments — in new ways to help speed up disbursements. The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months. With the rise of Same Day ACH, FIs surveyed have not seen an increase in fraud.

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Economy Zelle Same Day ACH P2P 43

PYMNTS

MAY 4, 2017

In the P2P space, this means consumers these days have the ability to settle bills and deliver money to friends and family, well, fast. According to recent data , the Same Day ACH offering was used to make 1.8 million P2P transactions totaling $1.2 million P2P transactions totaling $1.2

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Faster Payments Venmo Zelle P2P 41

PYMNTS

MARCH 2, 2016

The March edition of the PYMNTS Faster Payments Tracker TM , powered by NACHA, covers the latest news and developments in the Faster Payments world, including the most recent notable player forays with the blockchain, like IBM ’s recent announcement of Blockchain-as-a-Service. DOWNLOAD THE TRACKER NOW. About The Tracker.

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Faster Payments NACHA C2B P2P 41

Fintech Labs Insights

OCTOBER 16, 2016

In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. The partnership enables banks to offer funds-transfers a day sooner, or even same-day. Capital One integration with Amazon Echo.

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EMV P2P Same Day ACH FinTech 17

PYMNTS

AUGUST 4, 2017

With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. TO DOWNLOAD THE AUGUST EDITION OF THE PYMNTS.COM FASTER PAYMENTS TRACKER™ , powered by NACHA, CLICK THE BUTTON BELOW. . faster payment system.

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Community Banks Faster Payments Innovation Same Day ACH 46

PYMNTS

JULY 24, 2017

Free” in exchange for “keeping deposits” sticky isn’t exactly setting the world on fire on the P2P side of payments. NACHA has implemented ubiquitous Same Day ACH with credit push and will implement phase two with debit pull in the fall. Setting a sensible business model seems critical.

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Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

MAY 5, 2016

We see the efforts of EWS/cXc and TCH as complimentary, their focus is first and foremost on enhancing the consumer experience of banks P2P offering, which is a highly competitive space for all banks.

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Faster Payments TCH Real Time Payments Payments 41

PYMNTS

MAY 4, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. “P2P payments has not only one, but multiple ten-thousand-pound gorillas,” said Spottiswood. “B2B payments innovation seems to fall behind B2C and P2P,” she said.

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Same Day ACH P2P B2B Cross-Border 46

PYMNTS

FEBRUARY 22, 2017

This year, Fiserv is nominated for yet another PYMNTS Innovation Project award, this time for the NACHA Best Innovation in ACH Award. ” Fiserv is yet again nominated for a PYMNTS Innovation Project Award , this time for the NACHA Best Innovation in ACH Award. .

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NACHA Same Day ACH ACH Innovation 51

PYMNTS

OCTOBER 8, 2018

P2P has made it possible for accountholders to transfer money using only their mobile phone number to do so — and do it safely. ACH rails now settle same-day, three times a day. who today already have access to an ubiquitous faster payments scheme called same-day ACH.

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B2B Same Day ACH Payments ACH 76

PYMNTS

FEBRUARY 11, 2019

NACHA and Same Day ACH debuted EXACT DATE to enable same-day settlements through three settlement windows, and are currently exploring options to extend that availability on weekends and holidays. Even if you take faster payments out of the equation, there are a number of rails,” he said. The Use Cases.

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Faster Payments Real Time Payments Same Day ACH Payments 78

PYMNTS

AUGUST 12, 2019

Same-Day ACH , launched in September of 2017, makes emergency payroll possible — not instantly, but within the same business day. NACHA had this problem cracked when it launched Same-Day ACH, because its members all agreed to support it.

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Real Time Payments FedNow TCH Fed 78

PYMNTS

MAY 10, 2018

When NACHA introduced Same Day ACH in the U.S., the service facilitated nearly 2 million transactions in its first 11 days. Stranger noted that there is, indeed, an opportunity for accelerated payments in the B2B space, though it is likely to look differently than consumer and P2P payments acceleration.

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B2B Security Faster Payments Payments 46