PYMNTS

APRIL 17, 2017

On Friday (April 14), NACHA released more stats about ACH to explore how businesses are using the payment rail — same-day or not. According to the data, the number of ACH transactions in 2016 topped 25.6 trillion, NACHA said. According to the data, the number of ACH transactions in 2016 topped 25.6

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PYMNTS

SEPTEMBER 15, 2017

In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much preparation in terms of enhancing systems and processing, in tandem with significant testing, after a smooth Phase 1 of Same Day ACH debuted last September.

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PYMNTS

JANUARY 26, 2017

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, recently provided the Same Day ACH transaction volume data for September 23 to December 30, 2016. Direct deposit made up the largest segment of Same Day ACH transaction volume — some 52 percent, or 6.8

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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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PYMNTS

NOVEMBER 16, 2016

And pay the very same day. NACHA, the payments association behind the ACH Network, said Tuesday (Nov. million Same Day ACH transactions occurred in October, the first full month after the initial Sept. The total value of those same-day payments came to $4.9 15) that 3.8

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PYMNTS

SEPTEMBER 15, 2017

For NACHA, there’s a rollout of a different sort, with far-reaching impact on how, who and when consumers and enterprises see funds flow. 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.

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PYMNTS

APRIL 6, 2016

The biggest firms in the nation are gearing up for same day ACH payments – an eventuality that could hit in September of this year. Firms are looking to use ACH across payroll and B2B functions. Estep, who serves as president and chief executive officer of NACHA, said in a statement.

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PYMNTS

JUNE 6, 2017

NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., and our latest Data Drivers , featuring PYMNTS’ Karen Webster and NACHA CEO Jan Estep, explored the possibilities. If things go wrong, you can use those Same Day ACH rails to make sure” customer and employee needs are met.

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PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. percent jump.

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PYMNTS

JANUARY 18, 2018

The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months, BusinessInsider reported. According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate.

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PYMNTS

MAY 7, 2018

With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however.

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PYMNTS

AUGUST 4, 2016

Phase One of Same Day ACH will officially launch in the U.S. It was then that NACHA proposed the shift to settling three times a day, ve days per week, to give consumers and businesses access to more efficient transactions. That’s kind of the neat thing about Same Day ACH.

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FICO

MARCH 27, 2017

Today could be that day. Are banks truly ready for same-day ACH? Between the Same Day ACH initiative launch on September 23, 2016 and December 31, 2016, there were more than 13 million same-day ACH transactions. ACH is a different animal. How to fight back.

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PYMNTS

FEBRUARY 19, 2019

NACHA, the steward of the ACH Network, announced Tuesday (Feb. 19) that last year was a milestone year for the ACH Network with payment volume climbing to close to 1.5 In a press release , NACHA said it is the fourth year in a row that the ACH Network added more than 1 billion new payments. billion payments.

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PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Impact On Same Day ACH Rollout.

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PYMNTS

JANUARY 28, 2020

Same-Day Boosts ACH Adoption. While RTP emerged as a new payment rail to address payment friction, NACHA, which manages the ACH payment rail, announced that its newest service on the legacy payment network, Same Day ACH, is helping to accelerate adoption of the rail. percent year over year.

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PYMNTS

SEPTEMBER 15, 2020

At a high level, the changes to Nacha ’s WEB Debit Account Validation Rule mandate that as of March 19, 2021, account verification must be part of anti-fraud efforts. The new rule comes at a time when Nacha has reported that ACH payments have become increasingly popular, perhaps not a surprise as more transactions and commerce move online.

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PYMNTS

NOVEMBER 5, 2018

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”.

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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

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PYMNTS

NOVEMBER 16, 2016

And pay the very same day. NACHA, the payments association behind the ACH network, said Tuesday that 3.8 million same-day transactions occurred in October, the first full month after the initial Sept. The total value of those same day payments came to $4.9 If you build it, they will come.

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PYMNTS

MAY 25, 2017

Hence the recent announcement of the 2017 NACHA Payments Awards , which seeks to spotlight innovation and advancements in payments technology, which this time around was predicated on proven accomplishment in advancing electronic payments and finding new ways to leverage Same Day ACH. percent.

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Nanonets

MARCH 20, 2023

The ACH network is managed by NACHA, which was earlier known as the National Automated Clearing House Association. NACHA is a non-profit organization that is responsible for the supervising and rule-making functions for ACH transactions. There are also Next Day ACH transfers and Same Day ACH transfers available.

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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

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Fintech Finance

AUGUST 19, 2024

According to the National Automated Clearinghouse Association (Nacha), same-day ACH volume saw a 47% year-over-year growth when comparing the first quarters of 2023 and 2024, due to factors such as the continual increase in real-time payments usage among consumers and businesses.

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PYMNTS

APRIL 11, 2018

2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. Financial institutions surveyed by NACHA also reported 4.2

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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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PYMNTS

SEPTEMBER 17, 2018

Coverage includes the latest on Amazon’s brewing data scandal, along with news about same-day ACH. NACHA Approves Expansion o f Same – Day ACH. NACHA Approves Expansion o f Same – Day ACH. Amazon Investigates Claims That Employees Sell Data.

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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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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. billion in funds transferred using Same Day ACH, an average of $650 per transaction. But with the U.S. Together, they accounted for about $1.5

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PYMNTS

DECEMBER 13, 2017

It has been 14 months since the first phase of Same Day ACH credits debuted, and in numbers via a joint study by PYMNTS and NACHA, business origination of Same Day ACH credit has been significant, with clear trends in place that show healthy use and demand.

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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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PYMNTS

FEBRUARY 8, 2017

In regions around the world, including Europe and Asia, faster payments are taking a hard look at how tools such as blockchain and Same Day ACH can help improve their business. In terms of opportunity, new data from NACHA puts an impressive dollar figure on the value of Same Day ACH transactions from credit cards.

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PYMNTS

DECEMBER 8, 2016

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. In October alone, the ACH Network processed nearly $5 billion in 3.8

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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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PYMNTS

JANUARY 31, 2019

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. demand for faster payment capabilities, too. demand for faster payment capabilities, too.

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PYMNTS

MAY 16, 2019

Data from the ACH Network shows growth in payment volumes and values across a number of classifications. In all of 2018, there were 27 billion ACH payments, with roughly $51 trillion in value that moved across the network. Drilling down into the data, the overall average daily payments volume was up 7.5 percent to 1.6

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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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