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What is ACH Credit and ACH Debit and How Do They Work?

Stax

ACH payments work as a one-to-one payment where a customer makes a payment to another person or company by submitting the details of the transaction via their bank’s online account, transferring money from one bank account to another. They are also used for person-to-person payments or community crowdfunding campaigns.

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8 in 10 UK businesses plan to improve payments processes in 2025

Neopay

As businesses look to drive growth in 2025 amid a dynamic market environment, new research from American Express reveals about 8 in 10 (78%) are planning to improve their business payments process, with almost two-fifths (39%) doing so as part of strategies to drive growth.

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Business Payments Directory Association Now Part Of NACHA

PYMNTS

NACHA — The Electronic Payments Association , announced Monday (Oct. 1) that the Business Payments Directory Association (BPDA) will become an independent, member-led, self-governed group under the NACHA organization. The alliance is aimed at helping support and advance proof of concept efforts.

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Confirmation of Payee Might Not Stop Push Payment Fraud

FICO

Given the impact this type of fraud has on both victims and banks Pay.UK (previously known as the New Payment System Operator) has announced that from next year there will be a confirmation of payee service. This will allow those sending payments to check that the name on the account matches that of their intended recipient.

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U.S. Faster Payments Council Releases Report on the Role of Directory Services in Instant Payments

Fintech Finance

. “Directory services can significantly improve the speed and security of instant payments by enabling interoperability between networks,” said Peter Tapling , Managing Director of PTap Advisory, LLC and FPC Directory Models Work Group Chair.

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Seller Platforms And Digital Marketplaces Define B2B Payments For 2021

PYMNTS

The migration of the procurement and purchasing process to seller platforms and digital marketplaces will be a driving force into 2021, B2B payment leaders agree, and this trend will drive further change in both payer and payee expectations. Speed will be key in several workflows of the B2B commerce experience.

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NIFT, Haball Collab On New Rail To Digitize B2B Payments In Pakistan

PYMNTS

The combination will achieve that goal through a Contextual Funds Transfer (CFT) payment rail, connected to the businesses’ enterprise resource planning (ERP) and supply chains, which would ultimately create interoperability for business payments and more visibility.

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