PYMNTS

NOVEMBER 3, 2016

Today’s consumers increasingly expect payments to be processed quicker than ever before, and insurance companies are turning to newly introduced faster payment initiatives, such as Same Day ACH, to accommodate the demand. Maximizing Same Day ACH opportunities.

Faster Payments 72

Faster Payments Same Day ACH ACH Payments 72

PYMNTS

SEPTEMBER 26, 2016

Same Day ACH is now a reality and, with much fanfare, represents the first ubiquitous faster payments initiative in the United States without an attendant regulatory mandate. But as Karen Webster noted in the latest installment of Topic TBD, even as faster payments takes a step closer to reality in the U.S.,

Same Day ACH 71

Same Day ACH Faster Payments Ubiquitous ACH 71

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. Learning to reach a wider audience.

Faster Payments 69

Faster Payments Same Day ACH ACH NACHA 69

PYMNTS

DECEMBER 12, 2017

finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Released last week, December’s PYMNTS Faster Payments Tracker , powered by NACHA , tracks progress of faster payments initiatives throughout the U.S.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

MARCH 8, 2017

From innovations like the data-sharing of B2B APIs to the Same Day ACH Network to blockchain innovations, the space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and efficiency. Enter the new PYMNTS.com B2B API Tracker™.

B2B 76

B2B Same Day ACH API ACH Network 76

PYMNTS

DECEMBER 7, 2016

Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. still has a long way to go and plenty of faster payment lessons to learn. According to NACHA, the network processed nearly $5 billion in 3.8 But the U.S.

Faster Payments 76

Faster Payments NACHA Secure Payments Task Force Same Day ACH 76

PYMNTS

FEBRUARY 19, 2019

With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. “We see faster payments coming into the U.S. As Rimilia expands into the U.S.,

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

JANUARY 21, 2019

Oddly, the push for faster payments also comes at the same time when payments in the U.S. It didn’t take a regulatory proclamation for Same Day ACH to become ubiquitous in the U.S. – on board because it offered a solution for use cases where same-day was essential.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

NOVEMBER 2, 2016

Today’s consumers increasingly expect payments to be processed quicker than ever before, and insurance companies are turning to newly introduced faster payment initiatives, such as Same Day ACH, to accommodate the demand.

Faster Payments 74

Faster Payments Same Day ACH NACHA Payments 74

PYMNTS

MAY 4, 2016

In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Companies said they were also interested in how ACH might impact expedited bill pay, person-to person functionality, and payment options.

Faster Payments 40

Faster Payments Same Day ACH NACHA ACH 40

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. “As the U.S.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

AUGUST 24, 2016

From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. New research from payments technology firm Hyperwallet is placing data behind the need for employers to come through on payday.

Faster Payments 42

Faster Payments Same Day ACH Payroll On-Demand 42

PYMNTS

MAY 3, 2017

NACHA may have assured some banks that Same Day ACH hasn’t led to an increase in payments fraud, but concerns remain widespread about how the initiative and other faster payments efforts will reduce the window of opportunity for FIs to detect and prevent an incident.

Faster Payments 45

Faster Payments B2B Email Compromise Same Day ACH 45

PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Some argue electronic payments, like credit cards, are the answer.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

DECEMBER 4, 2019

. “Many in the industry, small and big players alike, have been blaming the traditional payment structure for the slow growth and post-recession financial slump in the sector, and have been voicing for a reformation,” the company said in a recent press release. ” ACI Worldwide Joins Faster Payments Initiatives.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

MARCH 7, 2018

Around the Faster Payments scene. Faster payments initiatives are gaining steam around the globe. Australia, for one, recently launched its long-awaited New Payments Platform (NPP). Over in the U.S.,

Same Day ACH 40

Same Day ACH Faster Payments Cross-Border Cross-Border Payments 40

PYMNTS

APRIL 8, 2016

faster payments will be here before we know it. . Same Day ACH credits will be rolled out starting Sept. 23, 2016, followed by Same Day ACH debits in 2017, and then faster ACH credit funds availability requirements for RDFIs as the third phase. The next six months. In the U.S.

Faster Payments 40

Faster Payments ACH Network Same Day ACH ACH 40

PYMNTS

MAY 4, 2018

Industry consolidation is a lofty objective, and with so much happening in corporate payments – from faster payment initiatives to cross-border payments technologies – where does one start? In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

MAY 8, 2017

Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions regarding how the financial services sector takes on the initiative or where each market is at in terms of progress in achieving real-time payments capabilities. In the U.S.,

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

PYMNTS

MAY 26, 2016

But in a departure from the sentiments of some other B2B payments players, that need for security isn’t necessarily stemming from the approach of faster payments. Stewart described the faster payments initiatives of the U.S.

B2B 40

B2B Same Day ACH ACH Faster Payments 40

PYMNTS

JULY 27, 2018

The company also has its finger on the pulse of faster payment initiatives that are making headway in the U.S., Investors signaled their confidence in the company’s ability to work with the current state of the market, providing $10 million in Series A funding earlier this week.

Same Day ACH 41

Same Day ACH Small Business Payment APIs and Integration Privacy 41

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

JULY 25, 2018

. “A lot of companies … will use ACH for more traditional things like rent, and for larger transactions from time to time, when people don’t want to put it on their credit line,” he said.

ACH 48

ACH Payroll Same Day ACH Payments 48

PYMNTS

JANUARY 2, 2017

And even though traditional rates can sometimes look more competitive, the value of real-time payment processing compounded with the price makes a better product offering than the speed and price of traditional rates, he added. Blockchain and faster cross-border payments. percent transaction fee.

Cross-Border Payments 42

Cross-Border Payments Cross-Border Payment APIs and Integration Blockchain 42

PYMNTS

APRIL 24, 2018

“Everything we’re doing is about moving money in real time, so we have a very deep, vested interest in real-time payments – not just watching it, but being an advocate of faster payments,” he added.

Payroll 43

Payroll Consumer Financial Protection Bureau (CFPB) Faster Payments Real Time Payments 43

EBizCharge

SEPTEMBER 18, 2024

WEB (Internet-Initiated Entry): WEB codes apply to electronic payments initiated over the Internet. Additionally, ACH payments usually incur lower transaction fees than other payment methods like credit and debit cards. Businesses use CCD to transfer funds between accounts or to pay suppliers and vendors.

ACH 52

ACH IAT ACH Network Direct Deposit 52

PYMNTS

MARCH 28, 2016

The path to faster payments in the U.S. Instead, we could do something right away — or almost right away — that would make payments between consumers and businesses faster. Blowing up checks would open a number of other doors for banks to provide value to consumers via “faster” and more efficient payments that they could also monetize.

Faster Payments 48

Faster Payments Checks Payments Fed 48

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41

PYMNTS

DECEMBER 22, 2016

Though, there are several payments-related issues that SMEs are watching for the year ahead. Faster payments initiatives and payments security efforts are challenging SMEs to stay ahead of innovation and new rules like EMV compliance.

Regulations 43

Regulations Same Day ACH Payroll Rules 43