PYMNTS

SEPTEMBER 21, 2016

Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. Two new same-day settlement windows will be added to the ACH Network, which will increase the actual movement of funds between all those financial institutions from once a day (at the beginning of the day) to three times a day.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

Fintech Finance

JULY 30, 2024

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. Outside the U.S.,

RTP 98

RTP FedNow RFP Payment APIs and Integration 98

PYMNTS

MARCH 18, 2019

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. 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.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 21, 2019

It didn’t take a regulatory proclamation for Same Day ACH to become ubiquitous in the U.S. – on board because it offered a solution for use cases where same-day was essential. It isn’t real-time, but it seems good enough for a lot of use cases. are moving faster than they ever have.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

OCTOBER 8, 2018

Those payments are made largely over rails that have been in place for decades: the bank, ACH and wire rails and via a payment method that has existed for centuries — the good, old-fashioned paper check. ACH rails now settle same-day, three times a day. The rules of the existing rails have been modernized too.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

SEPTEMBER 17, 2018

Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Retail payments innovators have tapped into that ubiquity-driven certainty to enable new use cases that extend their reach. That creates certainty.

Rules 78

Rules Zelle Payments PayPal 78

PYMNTS

OCTOBER 8, 2019

As Edwards noted, although having a real-time infrastructure would make the clearing and settlement process more efficient, payors and the channels that serve them don’t have to wait to move funds in real time to a payee.

Instant Payments 49

Instant Payments Push-to-Card Payments Settlement 49