Remove 2016 Remove ACH Origination Remove NACHA
article thumbnail

Speeding Along To Same Day ACH Payments

PYMNTS

The biggest firms in the nation are gearing up for same day ACH payments – an eventuality that could hit in September of this year. As reported by NACHA, the electronic payments association, the readiness was disclosed in a survey that had been conducted by the association, with the two strongest use cases identified across same day ACH.

article thumbnail

Collaborations Bringing Faster Payments Up To Speed

PYMNTS

In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Companies said they were also interested in how ACH might impact expedited bill pay, person-to person functionality, and payment options.

article thumbnail

With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

PYMNTS

In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. billion in losses linked to fraud in 2016 and a 16 percent increase from 2014 levels. The risks, of course, are monstrous. Data from the American Bankers Association found the U.S.