PYMNTS

MAY 10, 2019

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. “On Sept.

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FedWire Same Day ACH Federal Reserve Nacha Operating Rules 51

PYMNTS

NOVEMBER 3, 2020

The latest figures from the ACH Network show a surge in B2B payments volume on the payment rail, new data from Nacha revealed. According to Nacha, healthcare claim payments were another key factor driving transaction volume up during the third quarter. According to the latest stats, the ACH Network saw 6.8

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Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

MAY 10, 2018

Data technology firm Rambus is introducing a new solution for central banks and clearing houses to heighten security of payments using tokenization. Data from NACHA, however, found no increase in fraud reported by banks since the rollout of Same Day ACH last year.

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Real Time Payments Same Day ACH ACH P2P 43

Payments Source

JULY 24, 2017

In early fall, the central bank is expected to announce its next steps regarding how to improve the aging U.S. payments system.

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Fed Central Bank Payments Real Time Payments 61

PYMNTS

JANUARY 21, 2019

It comes at a time when the global tailwinds have, unfortunately, moved in the direction of faster payments by central bank regulatory fiat. And at a time when the prevailing opinion has become that, more or less, the only way to get faster payments done is for the regulators to make banks do it.

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Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

FEBRUARY 20, 2018

China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. In the U.S.,

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

OCTOBER 8, 2018

NACHA is examining additional windows for weekends and has increased the limits for how much money can be sent over those same-day ACH rails. Corporates even have options for the rails they might want to use depending on how fast they need the money to move and where it needs to travel. ACH rails now settle same-day, three times a day.

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B2B Same Day ACH Payments ACH 76

PYMNTS

JULY 24, 2017

But none of the innovation that’s moved payments forward over the last 50 or 60 years has come out of any government or central bank anywhere in the world. NACHA has implemented ubiquitous Same Day ACH with credit push and will implement phase two with debit pull in the fall. So there’s that.

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Fed Faster Payments Ubiquitous Same Day ACH 47