Checks and card transactions are giving way to electronic payments, done through an automated clearinghouse (ACH). Jason Carone, senior vice president of ACH product management...
Restrictions on in-person interactions during the pandemic forced businesses to seek digital alternatives to paper checks as manual processes became impractical or impossible. In their...
Government bureaucracy and paper checks may have a long history together, but ACH is making inroads as a fast, reliable and paper-free alternative. In the...
One of the greatest pain points for businesses across all sectors during the pandemic has been manual payments. A significant share of organizations continue to...
The number of transactions on the electronic payments network (EPN), the automated clearing house (ACH) for electronic funds transfers (EFT), increased by 9.6% last year,...
Would a central bank digital currency (CBDC) issued by the Federal Reserve Bank be a solution in search of a problem? Russ Waterhouse, executive vice...
The pandemic accelerated U.S. consumers’ adoption of digital banking, giving rise to a growing segment of customers who now prefer to forgo physical bank branches altogether. A 2021 survey of...
FinTechs and banks are collaborating to give their customers unprecedented flexibility, control and speed, but that can create new security gaps. In the Real-Time Payments...
As more financial transactions occur online and through mobile channels, fraud and security threats have inevitably grown as well, taking advantage of digital vulnerabilities. Consumers’...