PYMNTS

MAY 7, 2018

Accelerating payments mean financial institutions have less time to identify fraud before a transaction clears and settles. With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches.

Same Day ACH

PYMNTS

JULY 3, 2017

Sullivan said the train hasn’t left the station for banks, because at the end of the day, even with all this exciting new technology, people still trust their banks more than they trust Apple or Google. Discussion topics on the Hill this year ranged from APIs and same-day ACH to bitcoin and banking marijuana sales.

NACHA

PYMNTS

SEPTEMBER 21, 2018

Ransomware is in there, of course, where a methodology shift is underway — i.e. criminals are less random in their approach and now target specific companies and individuals. In addition, said Europol, instant payments reduce the time financial institutions (FIs) have to intervene in a transaction and may challenge detection.

Payroll