Check Clearing NACHA Same Day ACH 
PYMNTS
JANUARY 23, 2018
It’s true that checks have faded out in many respects, like in business-to-consumer and consumer-to-business transactions at the point of sale (POS), with direct deposit payroll and the like. NACHA analysis found accounts receivables professionals predict ACH will surpass checks in the next few years.
PYMNTS
JULY 24, 2017
NACHA has implemented ubiquitous Same Day ACH with credit push and will implement phase two with debit pull in the fall. The paper check clearing system is the biggest drag on faster payments in the U.S. In the two years the Fed has been examining this issue, innovators have gotten the job done.
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