Fintech Finance

JULY 24, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.

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Finovate

MARCH 19, 2025

Core10 is partnering with PayNearMe to integrate loan repayment options, allowing its bank clients to offer payments via PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, ACH, and even cash at 62,000 retail locations.

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Facilitators Credit Union Online and Mobile Banking Venmo 95

Fintech Finance

JANUARY 20, 2025

Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.

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Multi-Currency Global Payments Cross-Border Payments Cross-Border 97

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in payment volume growth in Q4 2021. TL:DR ACH Payments are essentially digital check payments.

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ACH Checks Identity Theft Payments 88

Payments Source

MARCH 21, 2019

move to faster payments. Despite some significant advancements in the past two years, rifts are already developing in the U.S.

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Faster Payments Payments Federal Reserve ACH 108

Fintech Finance

JUNE 25, 2025

Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has announced the launch of Medius Payments, an embedded payment solution that enables finance teams to securely approve and execute payments, all within one unified accounts payable platform.

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Automation Embedded Payments Payments Multi-Currency 59

PYMNTS

MARCH 18, 2019

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank.

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PYMNTS

DECEMBER 7, 2016

Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. still has a long way to go and plenty of faster payment lessons to learn. still has a long way to go and plenty of faster payment lessons to learn. But the U.S.

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Faster Payments NACHA Secure Payments Task Force Same Day ACH 76

PYMNTS

FEBRUARY 11, 2019

Might the state of faster payments be described as “conflicted?”. That can be a problem when, by and large, payments as an industry still operates through what might be termed as “a batch process.” Even if you take faster payments out of the equation, there are a number of rails,” he said. Where We Are Now.

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Faster Payments Real Time Payments Same Day ACH Payments 78

Payments Dive

FEBRUARY 12, 2020

In 2018 alone, ACH network volume reached nearly 23 billion payments –70 payments per person in the U.S. In the 12 months ending February 2019, payment volume across the ACH network increased 7.2%, reaching over 100 million ACH payments per banking day, a first for the ACH network.

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Account Validation ACH Network Faster Payments Accounts 84

Finextra

OCTOBER 21, 2024

The second day of AFP in Nashville, Tennessee, saw BNY Mellon’s Sumner Francisco, Finzly’s Karuna Kathir, PTap Advisory’s Peter Tapling and Walmart’s Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.

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AFP Faster Payments Same Day ACH Push-to-Card 69

PYMNTS

FEBRUARY 19, 2019

With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. “We see faster payments coming into the U.S. In the U.K., In the U.K.,

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Faster Payments Accounts Remittance Data Same Day ACH 75

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. Accelerated payments are taking off in several markets around the world, and NACHA’s latest figures demonstrate U.S.

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PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. via all banks and credit unions. The Road To Process Improvement.

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The Nilson Report

MAY 16, 2024

The post Unit21 Adds ACH Features for Safer, Faster Payments appeared first on Nilson Report.

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ACH Faster Payments Payments Posting 52

Stax

APRIL 3, 2025

But launching your eCommerce store is just half the equationaccepting payments efficiently and effectively is a whole different ball game. On the surface, it seems effortless, with customers only taking a few seconds to initiate and complete payments. The eCommerce payment solution infrastructure involves several key players.

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PYMNTS

SEPTEMBER 17, 2018

NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. The value of the payments was $4.5 Funds from Same-Day ACH credits processed in the existing first window will be made available by 1:30 p.m.

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PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It flew in on Dec. Here’s where the canary flew in.

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PYMNTS

MARCH 11, 2020

There’s a battle brewing in payments. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Sensing that existing fast payments are not accessible enough, the Fed proposed the FedNow? Public vs. Private RTP. It’s a question of when.

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Payments Source

APRIL 25, 2019

s QuickBooks is adding next-day ACH payments to its platform as a faster payments option for small businesses using its business management tools. Intuit Inc.'s

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Payments Source

MAY 29, 2019

Banks and governments around the world have invested in systems that seek to instantly transfer money between accounts, moves that could put pressure on the sprawling debit-card business at the world’s largest payments network. But Visa Inc. Chief Executive Officer Al Kelly isn’t too worried.

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PYMNTS

JANUARY 29, 2019

During the fourth quarter of 2018, ACH Network volume saw more growth than it has in the last decade, according to the National Automated Clearing House Association (NACHA), which noted same-day ACH payments also reached a new level. billion ACH payments happened in Q4 last year, including 3.5 Upwards of 5.9

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PYMNTS

NOVEMBER 5, 2020

The paper-based conduits of payments must make way for digital , instant means. In an interview with Karen Webster, Drew Edwards , CEO of Ingo Money , said the stage is set for instant payments to be embraced even by “old” economy firms that have traditionally relied on checks sent to consumers and received in back offices.

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Faster Payments Instant Payments Payments Same Day ACH 98

The Fintech Times

NOVEMBER 16, 2024

Global crypto payments company MoonPay has launched a new payment solution to offer the convenience of fiat balances to the decentralised crypto ecosystem. Through the new solution, MoonPay Balance, the crypto payments fintech aims to offer users a new way to transact.

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Non-Bank RTP Wire Wires 75

Finextra

MAY 6, 2024

Unit21, a company that proactively mitigates risk tied to money laundering, fraud, and other illicit activities, announced the launch of ACH Risk Scores and Action Event Rules today.

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ACH Faster Payments Money Laundering Mitigation 59

PYMNTS

APRIL 26, 2019

In the age of commerce that is always on, across borders and across currencies, in an age where the side hustle has now become the gig economy , payments are getting flexible and faster. Data: 75 Percent: Share of consumers who say they prefer faster payments. 27 billion: Total ACH volume in 2018.

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PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. That will have the effect of streamlining customer enrollments and payment processing.

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Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

PYMNTS

FEBRUARY 4, 2019

Real-time payment systems are quickly cropping up across the globe. This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 Faster Rails.

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Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

MAY 3, 2020

Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Usually, an ACH payment issued before the day’s 6 p.m. Usually, an ACH payment issued before the day’s 6 p.m.

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Payments Source

NOVEMBER 6, 2018

on its steady march toward a faster payments system, a thorny issue continues to plague some of the most prominent efforts: Could the smaller banks stay abreast of the technologies that larger banks are readily supporting and deploying? As the Federal Reserve guides the U.S.

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Payments Source

FEBRUARY 12, 2020

To address immediate market demand but allow time for the project to be done right, the official leading implementation of FedNow says the central bank envisions an initial release in 2023 or 2024 followed by subsequent updates.

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Payments Source

NOVEMBER 19, 2019

If the deployment of faster payments came with a guarantee to boost a financial institution's bottom line, more banks and businesses would likely invest in bringing their legacy systems into a new age.

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Payments Source

SEPTEMBER 20, 2018

financial institutions have made same-day ACH funds available without seeing any major shifts in fraud. But observers warn that as same-day ACH introduces broader access and bigger transactions, it will become a bigger temptation for fraudsters. More than half of U.S.

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PYMNTS

AUGUST 14, 2019

New developments could speed up instant payments in the U.S. Last week, the Federal Reserve announced it would give some competition to The Clearing House’s Real Time Payments (RTP) with its own real-time payments service, FedNow. Quicker Payment for Quick-Service Restaurant Employees. Trucking Speeds Up.

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Faster Payments Real Time Payments Payments Point-of-Sale (POS) 64

The Paypers

MARCH 14, 2023

RevoluPAY has completed live testing trials of ACH in Canada and the US, FPS – Faster Payments Service in the UK, and SEPA Instant – Single Euro Payments Area in 27 countries.

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PYMNTS

APRIL 25, 2019

Intuit’s QuickBooks is introducing a new feature designed to accelerate payments and cash flow for small businesses. Businesses that invoice via QuickBooks Payments can receive next-day funding for both credit card and ACH transactions. small businesses stands at $53,399.

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PYMNTS

JUNE 3, 2020

Healthcare costs and healthcare payments are closely tied, but worlds apart. Curing payment pains associated with complicated medical billing gets to the heart of how payments technology is moving medical money in smarter, faster ways. Real-Time Payments Get Healthy. For many, it’s very difficult.

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