The payments industry may be more than ready for the long-awaited launch of Same Day ACH, but can the same be said for businesses and corporates? In this week’s episode of NACHA’s Countdown to Same Day ACH podcast series, Rob Unger, Senior Director at NACHA,...
When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and other Faster Payments initiatives taking off, will the same happen here in the States? In the latest Faster Payments Tracker™,...
When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and other Faster Payments initiatives taking off, will the same happen here in the States? In the latest Faster Payments Tracker™,...
Not only is Same Day ACH speeding up payments, but it’s expected to deliver a growing number of innovative applications to both consumers and businesses alike. In this week’s episode of NACHA’s Countdown to Same Day ACH podcast series, Jan Estep, president and CEO of...
It’s been a long time coming, but the countdown to Same Day ACH is almost up. The question now is: Are banks ready? In the first installment of NACHA’s Countdown to Same Day ACH podcast series, Jan Estep, president and CEO of NACHA, joined Karen...
Compass Plus, the electronic payments software company, announced on Monday (Aug. 15) that it has been certified as one of only five companies to gain aggregator accreditation for Faster Payments in the U.K. Faster Payments is a system that enables U.K customers to make secure...
And now it’s here … almost. In just a few weeks, Phase 1 of Same Day ACH service goes live. What does this step toward ubiquitous faster payments mean for bankers, businesses and consumers? For August’s Faster Payments Tracker™, powered by NACHA, PYMNTS caught up...
In May 2015, NACHA received approval from its membership to amend the NACHA Operating Rules to add two new settlement windows that enable same-day settlement and posting for ACH transactions. Any originating institution can offer products that clear on the same day, knowing that all...
It’s happening. With the launch of Same Day ACH Phase 1 now just a little more than two months away, banks are getting ready for a payments future that’s faster – and forging partnerships to help them get there. July’s Faster Payments TrackerTM takes stock...
