Remove ACH Remove Same Day ACH Remove Third-Party Sender
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Securing The Speed Of Securities Transactions

PYMNTS

As T+3 was being implemented in the early 90s, the concept of using ACH was raised, but there were two problems that, at the time, were insurmountable. As the NACHA Rules have evolved, so has the concept that the Standard Entry Class can be used to determine how an ACH Entry is handled.”

Reg E 46
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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

Peters noted that it is a step in the right direction for this market — a multi-trillion dollar segment of the insurance space — to embrace digital data, but emphasized that the movement of data remains separate from the movement of funds, even if healthcare providers and insurance firms adopt electronic payment rails like ACH.