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NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence in banks that have adopted the technology. NACHA also examined corporate use of Same Day ACH services, with 84 percent of banks saying they had originated services for mid-sized firms.
The Center for Payments is proud to be a Silver Sponsor of Nacha’s Smarter FasterPayments 2023 conference in Las Vegas, Nevada, happening April 16 – 19. Look for the table tents to identify your payments association staff and fellow members in attendance. payments system stakeholders.
launched its FasterPayments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s 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.
According to NICE Actimize, the technology can also identify emerging threat patterns to enable FIs to see whether trends like fasterpayments and emergingpayment technologies will be targeted. “In
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