Remove ACH Network Remove ISO 20022 Remove TCH
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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

ACH might be among the most readily visible paper check killers — and as Nacha’s Larimer noted, “we need more than just ACH to make huge inroads [against checks]. Real time and the ACH network can actually work together to displace paper checks.” ACH, she said, has been growing by double-digit percentage points annually.

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Clearing Up The Case For ISO 20022

PYMNTS

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. ISO 20022 is also sometimes related to the programming language XML, but those two are also not one and the same.