PYMNTS

OCTOBER 10, 2016

NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

APRIL 11, 2018

New data shows that the ACH Network processed 21.5 It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. And the network’s growth rate for last year is the highest since 2008.

ACH Network 44

ACH Network ACH Same Day ACH Transactions 44

PYMNTS

JULY 28, 2016

Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. WHAT ISO 20022 ISN’T. It’s not one and the same.”. Another big confusion point for ISO 20022 is its application to ACH – and now Same Day ACH.

ISO 20022 40

ISO 20022 ISOs NACHA ACH 40

PYMNTS

FEBRUARY 5, 2020

Aside from using the blockchain, it will use Afinis interoperable and standardized APIs, as well as ISO 20022. Payments on the ACH Network reached a 12-year high in 2019, with 24.7 While RTP emerged as a new payment rail to address payment friction, NACHA’s Same Day ACH is helping to accelerate the adoption of the rail.

NACHA 52

NACHA Phixius B2B Same Day ACH 52