ACH

An automated clearing house is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits.

Today in Payments: FIS Launches RealNet To Boost Real Time A2A Payments; Apple’s Subscriptions Surge By 40M
Today in Payments: FIS Launches RealNet To Boost Real Time A2A Payments; Apple’s Subscriptions Surge...
April 29, 2021  |  News

In today’s top news, FIS launched a real-time, account-to-account (A2A) payments platform, and Apple reported subscriptions and services were up in the first quarter of...

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As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
April 29, 2021  |  B2B Payments

Embracing new payment rails, and enhancing the value of existing ones, remains a key part of promoting overall payment innovation. But as real-time payment networks...

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Businesses Can Now Accept ACH Payments Via Square Invoices
Businesses Can Now Accept ACH Payments Via Square Invoices
April 28, 2021  |  Payment Methods

Companies now have the ability to use Square Invoices to take automated clearing house (ACH) payments, according to a Wednesday (April 28) announcement from Square. Square Invoices...

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Payment Rail Competition Heats Up
Payment Rail Competition Heats Up
April 22, 2021  |  B2B Payments

ACH volume hit new records in the year’s first quarter, driven in part by a surge in B2B payments adoption. But as this week’s Payment...

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Real-Time Payment Rails Provide Global Conduit For Innovations And Use Cases
Real-Time Payment Rails Provide Global Conduit For Innovations And Use Cases
April 20, 2021  |  Faster Payments

When it comes to payments, the need for speed is a global phenomenon. Real-time payments have gained tremendous traction all over the world during the...

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ACH Network Hits 2.7 Billion Monthly Payments In Record-Setting Quarter
ACH Network Hits 2.7 Billion Monthly Payments In Record-Setting Quarter
April 16, 2021  |  Payment Methods

The ACH network marked a record-setting quarter as its volume skyrocketed in the first few months of 2021. According to Nacha, which oversees the direct...

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B2B Payments Makes Waves In $167 Billion Global Seafood Industry
B2B Payments Makes Waves In $167 Billion Global Seafood Industry
April 12, 2021  |  B2B Payments

Business-to-business (B2B) commerce has gone increasingly digital during the pandemic, and cybercriminals are seeing this as an opportunity to launch new scams. Replacing cumbersome manual...

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The Fed Presses Forward With FedNow, Blockchain
The Fed Presses Forward With FedNow, Blockchain
April 08, 2021  |  B2B Payments

The Federal Reserve continues to make headway in driving payment rail innovation via the upcoming FedNow Service, as well as increasing interest in blockchain and...

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Same-Day ACH Payment Cap Rising To $1 Million Next Year
Same-Day ACH Payment Cap Rising To $1 Million Next Year
April 05, 2021  |  Digital Payments

The same-day ACH payment limit is scheduled to increase tenfold — to $1 million from $100,000 — on March 18, 2022, according to a Monday...

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