NACHA

MARCH 17, 2024

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers).

Credit Push 119

Credit Push NACHA Nacha Rules Rules 119

PYMNTS

SEPTEMBER 23, 2016

More than 40 years after its debut, the Automated Clearing House Network becomes the first payments system in the country to offer ubiquitous faster payments to every consumer and business in the U.S. via all banks and credit unions. Today (Sept. Every bank in the U.S. is now capable of receiving and enabling this same-day capability.

Faster Payments 75

Faster Payments Same Day ACH ACH ACH Network 75

Finovate

SEPTEMBER 20, 2024

Consumers may face challenges like added friction and lost credit card rewards, but early pilot results have exceeded Walmart’s expectations for pay-by-bank adoption. ” Walmart stands to receive multiple benefits when consumers choose to pay-by-bank. Henry said that the initial pilot of pay-by-bank was surprising.

FedNow 59

FedNow Real Time Payments Push-to-Card Credit Cards 59

Faster Payments Council

SEPTEMBER 12, 2022

Speakers: Connie Theien, Federal Reserve Financial Services; Gail Hillebrand, National Consumers League; Syed Ejaz, Consumer Reports; Liana Muller, U.S. Focusing on "credit push" transactions, our experts will provide some guidance on the value-added functionality that U.S.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

Faster Payments Council

SEPTEMBER 23, 2023

Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

OCTOBER 12, 2018

More than just thinking about it, he noted, they are taking steps to better insulate themselves and their customers, no matter what type of payment one is talking about — such as faster debit pulls or faster credit pushes. In the case of firms like insurance companies, both are relevant.

Faster Payments 73

Faster Payments Authentication Payments Enrollments 73

PYMNTS

MARCH 10, 2017

Banks recognize the value of innovators, and innovators now value banks in terms of them being a distribution channel to consumers or businesses, which is why they must work together to accelerate the growth of faster payments within a secure, financial infrastructure. To Disrupt Or Be Disrupted? In the U.S.,

Faster Payments 67

Faster Payments Payments Interoperability Push-to-Card 67