PYMNTS

MAY 1, 2019

and cross-border payments. Volante explained that VolPay-as-a-Service supports management of a range of corporate enterprise resource planning and acknowledgement formats to streamline corporate customer on-boarding for financial institutions, automating the process of connecting businesses to payment service providers via API.

ISO 20022 66

ISO 20022 Same Day ACH Cross-Border Payments Payment APIs and Integration 66

Fintech Finance

JULY 24, 2024

With experience and focus on innovative payment services across Real-Time Payments (RTP® and FedNow®), ACH, card solutions and alternative payment rails, Carl is well-positioned to support the FPC’s continued growth and innovation in faster payments. The post Carl Slabicki Named Chairperson of U.S.

Faster Payments 97

Faster Payments FPC FedNow RTP 97

PYMNTS

JULY 31, 2019

Visa Direct can be used for more efficient payments, including cross-border payments, insurance disbursements and contractor payments for gig economy jobs. Boston-based auto, home and business insurer Safety Insurance said it will roll out Same-Day ACH payment capabilities for insurance claims.

PayPal 65

PayPal Same Day ACH Cross-Border Payments NACHA 65

PYMNTS

AUGUST 3, 2017

The August Faster Payments Tracker™ , powered by NACHA , highlights notable news and developments from across the faster payments landscape, including coverage of the long-awaited release of the Federal Reserve’s Faster Payments Task Force report on how to improve the U.S. About the Tracker .

Community Banks 46

Community Banks Faster Payments NACHA Cross-Border Payments 46

PYMNTS

FEBRUARY 15, 2018

” NACHA’s API Standardization Industry Group also recently announced a partnership with Accenture to enhance the financial services industry’s access to API resources as the data sharing trend continues to proliferate. Our clients will expect to integrate these directly into their business processes and applications.”

API 65

API Payment APIs and Integration NACHA Cross-Border 65

PYMNTS

OCTOBER 5, 2016

Blockchain technology has allowed businesses to eliminate unnecessary, not to mention costly, intermediaries and significantly reduce international cross-border payment processing time from weeks to a day. To download the October edition of the PYMNTS.com Faster Payments Tracker™ , click the button below.

Faster Payments 79

Faster Payments Blockchain Cross-Border Payments 79

PYMNTS

SEPTEMBER 21, 2016

Through NACHA’s Countdown to Same Day ACH podcast series, we’ve explored what Same Day ACH is all about, the myriad of use cases and applications it’s designed to deliver and if corporations and businesses are truly ready for the change. What’s Under The Faster Payments Umbrella?

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

JUNE 7, 2017

The June Faster Payments Tracker™, powered by NACHA , highlights the latest trends and developments on how banks and FinTechs are investing in faster payment infrastructure and how these payment technologies are altering the way business is conducted. About the Tracker .

Faster Payments 49

Faster Payments NACHA TCH Real Time Payments 49

PYMNTS

JANUARY 31, 2019

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. Accelerated payments are taking off in several markets around the world, and NACHA’s latest figures demonstrate U.S.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

MARCH 3, 2017

With change comes examination of the infrastructure in place that’s necessary to make payments smoother, more transparent and, of course, faster. . In an interview with Karen Webster of PYMNTS, Janet Estep, president and CEO of NACHA, noted that technology is always under the microscope.

Same Day ACH 50

Same Day ACH NACHA ACH Payments 50

PYMNTS

NOVEMBER 6, 2018

Around The Faster Payments World. Recently, NACHA — The Electronic Payments Association approved three new rules to update Same Day ACH services. The financial messaging service announced in late October that its near-instant, cross-border payments proof of concept performed successfully in tests.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

AUGUST 15, 2019

SWIFT’s decision to replace its existing cross-border payment messaging service with ISO 20022 represents another significant push in that direction — one that could have ripple effects. NACHA also offers a tool to help firms send ISO 20022-approved remittances data for B2B payments. .

ISO 20022 58

ISO 20022 ISOs Interoperability Message Standards 58

PYMNTS

MAY 3, 2017

These investments in faster payments are focused on allowing the transfer of funds between parties to not only progress faster, but with greater efficiency and security. A look at recent data on faster payment activity highlights why many companies are stepping up their investment in solutions to speed up the delivery of funds.

Faster Payments 42

Faster Payments P2P Venmo Use Case 42

PYMNTS

SEPTEMBER 7, 2017

Efficiency is closely linked to digitization, so the Fed’s efforts to promote payments efficiency mean promoting the use of electronic payments. This includes the implementation of ISO 20022 messaging standards across organizations like NACHA and SWIFT. Cross-Border Payments. Collaboration.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

JULY 25, 2016

While other markets around the world have already committed to adhere to ISO 20022 in compliance with mandates already in place, or payments technology that already demands adoption, the fact remains that the U.S. is still in exploratory stages of what ISO 20022 may mean for the payments market at large.

ISO 20022 40

ISO 20022 ISOs Federal Reserve Message Standards 40

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Yes, payment facilitators are regulated.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

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. And, in the case of cross border payments, haven’t convinced them that we have addressed fully the global messaging failures that compromise the secure movement of those funds.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

JUNE 12, 2017

Globalization brings new opportunities for businesses but gives rise to new complexities, including cross-border payments, compliance, risk mitigation and accounting. Interestingly, cards are also not a preferred method of payment for businesses, but corporate card programs are on the rise, the report said.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

OCTOBER 10, 2018

. “Wires are still a vital piece of the global payments puzzle,” he told PYMNTS. “Not every country has an ACH-compatible option, so wires as a payment method are still necessary for cross-border payments.”

Wire Transfer 46

Wire Transfer Wire Wires Cross-Border 46

PYMNTS

JUNE 20, 2016

” One of the biggest hurdles in efforts to promote the adoption of ISO 20022 is NACHA, which has yet to decide whether it will implement ISO 20022 for ACH payments. Reports said NACHA has created a working group to explore the decision, however.

ISO 20022 40

ISO 20022 ISOs Fed AFP 40

EBizCharge

APRIL 25, 2024

For example, direct deposits allow employees to receive their salaries without physical checks, while mobile payments enable consumers to purchase or transfer funds with a few taps on their smartphones. ACH transfers are common for low- or mid-value payments that don’t require immediate settlement.

Wire Transfer 52

Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

PYMNTS

MARCH 5, 2018

There are transaction fees with procurement cards, so this is only relevant for mobile or offline payments, but for ERP-to-ERP connected transactions, typically bank transfers are only a few cents.”. Before SEPA, the various payment schemes in each European Union member state made cross-border payments much more difficult, and much slower.

Risk 42

Risk Cross-Border Non-Bank B2B 42

PYMNTS

MAY 4, 2018

Connecting multiple companies under the fold of a single entity will enable Syncapay to facilitate cross-sharing of industry expertise, services and best practices, Spottiswood told PYMNTS in a recent interview. In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

AUGUST 30, 2018

According to the latest figures from NACHA – The Electronic Payments Association, the ACH network moves $43 trillion in commerce annually. Meanwhile, in other global regions, payment rail infrastructures are experiencing changes of their own. In the U.S., local time on the same day as ACH credits.

Same Day ACH 40

Same Day ACH Cross-Border ACH SWIFT 40

PYMNTS

SEPTEMBER 4, 2018

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates. In the U.S., It’s not huge, but it’s not dismissible, either.

Faster Payments 44

Faster Payments Treasury Real Time Payments Liquidity Management 44

PYMNTS

JULY 24, 2017

In addition to providing for a settlement capability, such roles might include provision of directory services, transaction processing, network access, security and/or cross-border payments” should said stakeholders fail to agree on standards, policies and procedures. The card networks are powering instant disbursements.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

Fintech Labs Insights

OCTOBER 16, 2016

As of September 30, a new rule from NACHA requires all banks to process incoming same-day ACH credits. Most ACH payments are currently settled on the next business day: the new rule-change offers originators the option to send an ACH transaction to any recipient account for same-day processing. Ready, set, ACH.

EMV 17

EMV P2P Same Day ACH FinTech 17

PYMNTS

JANUARY 2, 2017

Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. From using virtual reality to overhauling the retail industry to shifting trends in cross-border payments, here are some of the highlights from our 2016 Trackers.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

Fintech Finance

APRIL 28, 2025

Phixius by Nacha (Phixius) — a secure, peer-to-peer payment information network — announced a strategic collaboration with Kinexys Liink , the world’s first bank-led peer-to-peer data sharing network, part of Kinexys by J.P. The post Phixius by Nacha Announces Collaboration With Kinexys by J.P.

Phixius 95

Phixius Account Validation NACHA Accounts 95