PYMNTS

JANUARY 28, 2020

This week’s examination of the latest innovation initiatives finds this to be true both for innovators exploring ways to improve existing rails — like ACH — as well as those that have embraced the development of entirely new rails, including real-time payments (RTP) and blockchain-powered transactions. percent jump.

Same Day ACH

PYMNTS

FEBRUARY 11, 2020

In a statement, Visa Global Head of Business Solutions Kevin Phalen pointed to the “choice, flexibility and security” the B2B solution offers via supporting multiple payment rails. Cashfree Links India Firms To Faster Payments. Clear Embraces Blockchain For High-Volume Transactions.

B2B

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. OpenPayd Debuts Real-Time FX.

Use Case

PYMNTS

DECEMBER 8, 2016

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. In October alone, the ACH Network processed nearly $5 billion in 3.8

Faster Payments

PYMNTS

JANUARY 31, 2019

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. demand for faster payment capabilities, too.

Faster Payments

PYMNTS

APRIL 30, 2020

ACH Gets A Boost In The Public Sector. With in-person payments for fines and fees no longer possible, government entities at the local and state levels are seeing a surge in ACH volume, according to Jeff Thorness, president of Forte Payment Systems, a CSG company.

Innovation

Payment Savvy

MAY 16, 2023

Direct Payments Direct payments are transactions initiated by individuals to pay for goods or services. Thanks to the ACH network, these transactions are handled securely and efficiently, giving consumers peace of mind when making payments.

ACH

Nanonets

APRIL 13, 2023

In this article, we'll explore the ACH network and ACH payments, how ACH payments function, and the ways in which it impacts our daily financial transactions. What are ACH payments? There is a new system, Real Time Payments (RTP) that is slowly gaining popularity.

ACH

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

Faster Payments

PYMNTS

MARCH 18, 2019

That faster payments, whether via the Fed or via the TCH’s Real-Time Payments (RTP) network or both, is a big threat to how banks monetize the movement of money between senders and receivers and their depository accounts. and one of two operators of the ACH network in the U.S.,

Faster Payments

PYMNTS

AUGUST 4, 2016

While the concept of Same Day ACH seemed somewhat futuristic when it was first introduced, Kenneally explained in an interview with PYMNTS, the industry quickly got on board with the idea of speeding up the nation’s digital financial ecosystem. “I 23 to go smoothly is that the ACH network is already being used by banks and consumers.

Same Day ACH