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Same Day ACH: Impacts At The Intersections

PYMNTS

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. Innovation On Old Initiatives.

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SMBs Gear Up For Phase Two Of Same-Day ACH Rollout

PYMNTS

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

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What API Standardization Could Mean For Payments Fraud

PYMNTS

API technology is opening new doors for the world of financial services, a trend that cultivates cooperation and collaboration between FinTechs and banks, once considered competitors. I would say that there is real movement in the industry in terms of real-time payments and Same Day ACH,” she said.

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Finserv Providers Embrace New Rails For Faster B2B Payments

PYMNTS

Not only does that figure represent the growing demand among businesses for faster, more agile and more transparent ways to move funds across borders, it also reflects the financial services industry’s willingness to embrace something other than legacy payment networks to facilitate that demand. Diamante Embraces Blockchain, Too.

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Entrepreneurs Becoming A Driving Force Behind Data Sharing In The US

PYMNTS

said Kurt Rathmann, CEO and founder of small business financial software provider ScaleFactor. The reason, he recently told PYMNTS, is that entrepreneurs need to get things done more quickly — and, in some cases, want their service providers to do it for them, even if that means sharing sensitive data. “The U.S.

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Meet The New Guy In US B2B Payments

PYMNTS

Beanstream is a payments technology firm that is the latest to enter the U.S. 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.

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Coming Together To Bring Faster Payments To Life

PYMNTS

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.