Stax

MARCH 27, 2025

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. billion payments, reaching a total value of $3.2 In 2024, it processed 1.2

ACH

PYMNTS

DECEMBER 3, 2020

Iceland Debuts Instant Payments. The Central Bank of Iceland has rolled out its real-time gross settlement system and instant payment platform, recent reports said. Nacha Drives Corporate ACH Adoption. Nacha Drives Corporate ACH Adoption.

B2B

PYMNTS

OCTOBER 15, 2020

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. Moving Beyond ACH . But the faster payment systems are showing advantages, too, he said.

Real Time Payments

PYMNTS

MAY 16, 2019

Data from the ACH Network shows growth in payment volumes and values across a number of classifications. That’s especially true in B2B payments, where the numbers show 9 percent growth year over year. More generally, the network reported that the total number of payments was up 5.8 percent to 1.6

ACH

PYMNTS

NOVEMBER 3, 2020

Reports in American Banker said more smaller financial institutions (FIs) are choosing not to wait for the Federal Reserve 's FedNow instant payments network launch, and instead are working with FinTech partners to loop into existing real-time payments capabilities. B2B Drives ACH Volume Up.

Use Case

PYMNTS

MARCH 18, 2019

And finally, that the banks and the card networks are the big losers. Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. and one of two operators of the ACH network in the U.S.,

Faster Payments

PYMNTS

AUGUST 29, 2019

percent desiring instant payments innovations. is working to catch up, however, with several players in the banking industry, including a number of CUs, joining forces to create an API standard for all members of Nacha, the electronic payments association, which administers the Automated Clearing House (ACH) network.

Credit Union