article thumbnail

Visa Joins Phixius Pilot For B2B Payment Data Exchange

PYMNTS

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. However, Phixius makes these deals less necessary as it offers interoperability. 12) announcement.

Phixius 79
article thumbnail

New NACHA Hub Offers B2B Data Sharing

PYMNTS

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.

NACHA 52
article thumbnail

Open Banking Targets SMB Apps, Payments Data

PYMNTS

This week’s look at the latest in Open Banking and bank-FinTech collaboration initiatives explores how service providers throughout the globe are unlocking data and embracing API integrations to elevate financial services — with a particular focus on small businesses (SMBs). Nacha Unlocks Payments Data.

article thumbnail

Businesses Are Ready To Make The RTP Leap

PYMNTS

.” SWIFT announced last year that gpi can now integrate into new payment rails, including real-time payment solutions, as well as enhance transactions on existing rails. Visa has joined the pilot Phixius program operated by NACHA, the companies recently revealed. Visa Joins NACHA Pilot.

RTP 101
article thumbnail

APIs Put Velocity In Business Payments

PYMNTS

Along those lines, the B2B API Tracker® details the new effort by the National Automated Clearing House Association (NACHA) to create its new Phixius payments data-sharing platform. It’s been kind of a puzzler why B2B remains a holdout on instant payments, still doing close to half of its payments by paper check last year.

API 56