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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless. New NACHA Rule.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

Leavitt said the firm looks forward "to helping Visa's commercial clients grow their card programs by maximizing commercial card acceptance through Boost’s technology-enabled solutions and time-tested supplier enrollment processes.”. Nacha Adopts Eight ACH Payment Updates.

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Comdata, Noventis Link Up For Virtual Cards

PYMNTS

NACHA released a survey last year that found while ACH payments currently account for 32 percent of payments received by accounts receivable professionals, the AR industry expects ACH to surpass paper checks by 2020, accounting for up to 45 percent of payments received. percent of payment volume by 2020. “It

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Wallets – Single Or With A ‘Plus One?’

PYMNTS

A recent white paper by NACHA , the mobile payments alliance, developed in tandem with the Payments Innovation Alliance Mobile Wallet Team, found significant value in the cloud for emerging payment solutions. TO DOWNLOAD THE NACHA MOBILE WALLET WHITE PAPER, FILL OUT THE FORM BELOW: [contact-form-7].

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The Fed On Finding A Clear Road To Getting Faster

PYMNTS

The creation of directory models to unlock interoperability and enable new solutions, followed by designing settlement capabilities to support 24/7/365 enrollment, were also included in those highly prioritized infrastructure and governance categories. About the Tracker .

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Coming Soon: Same Day ACH Phase 2 – Debits

PYMNTS

One of reasons the rollout was so successful involved education efforts made by NACHA and the Regional Payments Associations which ensured member financial institutions understood what Same Day ACH changes would mean for their organizations, and for all of their customers. About the Tracker .

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In The Push For P2P Prominence, Zelle Emphasizes Instant Gratification

PYMNTS

In addition, its participating banks and credit unions have seen a 300 percent increase in new customer enrollments since launching the service through their banking apps in June, a sign that Zelle is poised to reach a wide audience, according to Lowry. About the Tracker .

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