PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1

B2B 55

B2B Same Day ACH Innovation NACHA 55

PYMNTS

FEBRUARY 4, 2019

Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. bank account would be able to securely receive real-time payments by 2020. . Meanwhile, NACHA called for continued attention on faster ACH’s value. billion in 2018 to $26.9

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

AUGUST 12, 2019

Same-Day ACH , launched in September of 2017, makes emergency payroll possible — not instantly, but within the same business day. NACHA had this problem cracked when it launched Same-Day ACH, because its members all agreed to support it.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

PYMNTS

SEPTEMBER 15, 2020

The new rule comes at a time when Nacha has reported that ACH payments have become increasingly popular, perhaps not a surprise as more transactions and commerce move online. As to why the account validation rule is particularly timely, Johnson said, “Nacha's goal with this change is to clean up the ACH system.

NACHA 69

NACHA Verification Accounts Account Validation 69

PYMNTS

JANUARY 16, 2020

The PYMNTS January 2020 B2B API Tracker , done in collaboration with open source leader Red Hat , probes the blossoming API ecosystem with SMBs in mind. Responses show that legacy financial institutions (FIs) and FinTechs are collaborating to make services and capital more accessible to SMBs.

API 53

API B2B Payment APIs and Integration Cross-Border 53

PYMNTS

JUNE 24, 2019

According to an earlier Faster Payments Tracker , it was projected that more than 56 real-time payment rails will be live by 2020. According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6

Real Time Payments 65

Real Time Payments RTP Faster Payments Payments 65

PYMNTS

JULY 14, 2017

Indeed, the report found that while checks are more common than ACH today, by 2020 checks are expected to decline to 34 percent of all payments received by the AR department. At the same time, ACH is expected to make up 45 percent of payments, with increases in card payments, too.

ACH 46

ACH Same Day ACH B2B NACHA 46

PYMNTS

SEPTEMBER 19, 2019

small business market (SMB) will reach $9 trillion by 2020, but also notes that 80 percent of SMBs still use paper checks to make payments. Among these new services, the top focus is real-time payments (55 percent), followed by same-day ACH (44 percent). Bento for Business estimates that the U.S. Security vs. Friction.

B2B 53

B2B Innovation Real Time Payments Same Day ACH 53

PYMNTS

JUNE 30, 2017

Indeed, NACHA’s survey found that accounts receivables professionals anticipate that in only three years, ACH will surpass checks as the top method by which they get paid. The analysis predicted ACH will account for 45 percent of B2B payments by 2020, while checks will decline to 34 percent.

ACH 61

ACH Checks Small Business Same Day ACH 61

PYMNTS

DECEMBER 27, 2019

According to Ricaurte, this shift will continue into 2020. alone, efforts like Same Day ACH and the Federal Reserve’s upcoming FedNow service are opening up the opportunity for business payments to modernize. In the U.S.

B2B 52

B2B Payments Same Day ACH Addressing 52

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

PYMNTS

JANUARY 2, 2017

As the year opened, our inaugural Faster Payments Tracker™ looked at the looming arrival of the new Same Day ACH. In September, Same Day ACH, the faster payments scheme here in the U.S., billion by 2020. Meanwhile, Worldpay expects worldwide eCommerce to increase by 104 percent by 2020.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

PYMNTS

SEPTEMBER 11, 2018

Boston, Massachusetts-based auto, home and business insurer Safety Insurance said it will roll out Same Day ACH payment capabilities for insurance claims. Other outside players are looking to tackle the insurance payout pain points. It is teaming up with NACHA – The Electronic Payments Association to make this happen.

Same Day ACH 40

Same Day ACH NACHA Instant Payments On-Demand 40

PYMNTS

SEPTEMBER 30, 2016

NACHA just launched Same Day ACH – the only faster ubiquitous payments play in the U.S. Early Warning aka Zelle is adding more banks and doing deals with the networks. Speaking of the networks, there’s Mastercard and Vocalink, not to mention Visa Direct and its work with PayPal, Fiserv and Square.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: Same-day ACH is used for only 29.2 percent of consumers bought groceries online in 2020, compared to the 18.6

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111