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.

Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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Why Lifecycle Management Matters When Fighting Payments Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023  |  Security & Fraud

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird...

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Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For...

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Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy
Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy
November 13, 2023  |  B2B Payments

The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively...

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Retailers Plan to Up Use of Instant B2B Payments
Retailers Plan to Up Use of Instant B2B Payments
November 06, 2023  |  Faster Payments

In an environment with high interest rates and the expansion of instant payment systems, retailers are shifting their payment preferences by leaving traditional methods and...

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The Clearing House Says Processing Error Impacted Less Than 1% of Daily ACH 
The Clearing House Says Processing Error Impacted Less Than 1% of Daily ACH 
November 03, 2023  |  Banking

The Clearing House has reportedly said that it is not aware of any ongoing issues after a narrow processing error that affected deposits and transfers at...

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Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
October 27, 2023  |  Payment Methods

The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by...

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Plaid and Zero Hash Partnership Lets Customers Trade Crypto via ACH
Plaid and Zero Hash Partnership Lets Customers Trade Crypto via ACH
October 24, 2023  |  Cryptocurrency

Financial services company Plaid and cryptocurrency infrastructure platform Zero Hash teamed to let customers buy and sell cryptocurrency via automated clearing house (ACH). “Zero Hash...

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