PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. and one of two operators of the ACH network in the U.S., On its website, TCH also says RTP is the system that “all federally insured U.S.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

Payment Savvy

MAY 16, 2023

The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network. Instant ACH transfers have gained prominence as they cater to the increasing demand for expedited financial transactions.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

PYMNTS

OCTOBER 30, 2020

Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

PYMNTS

DECEMBER 4, 2019

While firms like Diamante and SatoshiPay embrace blockchain, traditional players like Wells Fargo and HSBC are relying on RTP to accelerate corporate payments. HSBC Loops Into RTP. Wells Next to Tap RTP for Corporates. The integration will first go live for U.S. business customers, the FI noted.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

AUGUST 12, 2019

Same-Day ACH , launched in September of 2017, makes emergency payroll possible — not instantly, but within the same business day. NACHA had this problem cracked when it launched Same-Day ACH, because its members all agreed to support it.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

Fintech Finance

MAY 2, 2024

Orum’s Verify solution offers 100% coverage of all US-based consumer and business bank accounts — a meaningful step forward in an industry still plagued by invalid credentials, friction, and fraud. Is built on RTP and FedNow with a Same Day ACH fallback – guaranteeing coverage of all consumer and business bank accounts in the U.S.

Verification 52

Verification Payment APIs and Integration Accounts Same Day ACH 52

PYMNTS

FEBRUARY 4, 2019

million Australian consumers — more than 5 percent of the population — registered with the service within its first month. . The Federal Reserve’s Faster Payments Task Force established a goal in July 2017 that any consumer or business with a U.S. Payments: Consumer Preferences. Consumer Credit: Rising Usage” report.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

Fintech Finance

MARCH 31, 2025

ACH commercial volume last year. The EPN network’s growth since 2021 outpaced ACH industry growth, with The Clearing House’s network averaging 7.4% per year, as businesses and consumers continued to embrace electronic payments. The trend of increasing volumes is also continuing into 2025. year over year.

ACH Network 59

ACH Network ACH Continuity Same Day ACH 59

PYMNTS

FEBRUARY 6, 2020

Recently-launched capabilities like Same Day ACH have unlocked opportunity to wield modern technology and build new solutions on top of existing payment rails in favor of speed and transaction transparency, but there’s another strategy to payments innovation that continues to gain traction. Especially in the U.S.,

Settlement 67

Settlement B2B Same Day ACH ACH 67

Faster Payments Council

JUNE 11, 2020

While we're well on our way to establishing a thriving faster payments ecosystem, we recognize we're still missing a key factor that can contribute to achieving ubiquitous faster payments: interoperability.

Interoperability 68

Interoperability FPC Ubiquitous Faster Payments 68

PYMNTS

JANUARY 7, 2020

PYMNTS CEO Karen Webster wrote about the issues this created within the industry: “First, there was the Fed’s decision to slow faster payments progress via Same-Day ACH because it wasn’t ready to approve another processing window during the day. In fact, the Fed was involved in that very issue earlier this year.

Payroll 52

Payroll Same Day ACH Fed RTP 52

PYMNTS

OCTOBER 29, 2020

Consumers are also working to handle new budget strains and seeking swifter access to their earnings so they can better make ends meet. Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

Nanonets

APRIL 13, 2023

NACHA is a non-profit organization that is self-regulating and responsible for supervisory and rule-making functions for ACH transactions. A few years ago, NACHA held a vote to upgrade ACH and make same-day ACH the default method of payment. It got a majority vote in favor, including votes from the big banks.

ACH 52

ACH Same Day ACH NACHA ACH Network 52

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Manual payment generation is both time-consuming and demanding, tying up personnel who could instead be focusing on other tasks. Manual processing challenges.

Process 61

Process Innovation Same Day ACH B2B 61

PYMNTS

NOVEMBER 13, 2019

as service providers old and new introduce more options for consumer and business payers to move money quickly and, in some cases, instantly. However, real-time payments (RTP) have a long way to ubiquity, and while each payment rail has its advantages, each also has drawbacks that could stifle efforts for near-universal adoption.

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

OCTOBER 23, 2019

PNC Treasury Management recently debuted a tool that allows corporate buyers to automatically choose a faster payment solution , including real-time payment (RTP), Same Day ACH or next-day ACH, to pay their suppliers by analyzing which payment method would be quickest and most cost-effective.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

SEPTEMBER 17, 2019

Consumers live in a real-time world. That expectation increasingly extends to how consumers want to access their money. What we see more and more, though, is that it has to work for many different types of businesses who want to push those funds instantly, and consumers who want to receive them in a variety of ways.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70