The dollar value of payments made by Same Day ACH have nearly doubled compared to a year ago. During the first quarter, the value of these same-day payments leapt about 95% year over year to $565.3 billion and the number of payments increased about 21%...
Efforts to strengthen the value proposition of both new and legacy payment rails are increasingly focused on speed and data. In B2B payments, looping into same-day or Real-Time Payment (RTP) services offers the potential to gain more control over when money moves, while the movement...
Data integration is climbing to the top of chief financial officers’ priority lists. Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate...
Payments processor Stripe is partnering with Notarize, which offers online notary services, to help notary publics “work online and receive almost instantaneous payment,” the companies said in a news release. The companies touted their setup as a way for notaries to keep working safely through...
March 19, 2021
Efforts to strengthen the value proposition of both new and legacy payment rails are increasingly focused on speed and data. In B2B payments, looping into same-day or Real-Time Payment (RTP) services offers the potential to gain more control over when money moves, while the movement of richer transactional data via services like RTP and Same-Day […]
December 03, 2019
It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale...
June 20, 2018
Same-day settlement can be a cash flow life saver for small to mid-sized merchants. Money moved instantly, via push payments, can bring several verticals beyond the confines of waiting for...
July 25, 2023
The head of the ACH Network says same-day ACH payments have grown “significantly” in 2023. In the first six months of the year, the value of those payments was nearly $1.2 trillion, a 51.7% increase from the prior year, while the volume of same-day ACH (automated clearing house) payments was at 385.6 million, a 13.7% increase, Nacha reported Tuesday […]
April 17, 2023
The dollar value of payments made by Same Day ACH have nearly doubled compared to a year ago. During the first quarter, the value of these same-day payments leapt about...
July 23, 2020
Payments processor Stripe is partnering with Notarize, which offers online notary services, to help notary publics “work online and receive almost instantaneous payment,” the companies said in a news release....
September 10, 2019
Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10). “With other payment processors, when a small business...
