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. ET (1:45 p.m. PT), providing greater access for all ODFIs and their customers.”.

Same Day ACH

Same Day ACH NACHA ACH Fed

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. Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product.

Faster Payments

Faster Payments Fed RTP Same Day ACH

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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