Business Payments FedWire Interoperability 
Nanonets
SEPTEMBER 8, 2023
ACH (Automated Clearing House) payments are electronic fund transfers that use the ACH network to move funds between bank accounts in the United States. This payment method is widely used to directly settle payroll, bills, and business-to-business payments. The receiver bank then provides the funds to the receiver.
PYMNTS
SEPTEMBER 7, 2017
This year is a critical one for this initiative, the Fed said, with the Fed’s Faster Payments Task Force having already issued the results of its assessment and recommendations for continued progress. Electronic invoicing, too, will be an important focus to boosting payments efficiency, the Fed said.
Expert insights. Personalized for you.
Let's personalize your content