PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 21, 2019

NACHA was able to get all 13,000 banks in the U.S. NACHA reports that a growing percentage of healthcare claims are now using SDA rails instead of checks – one giant leap toward putting checks out of business. There’s a canary in the faster payments coalmine. It flew in on Dec. And maybe move the Fed in their preferred direction.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

OCTOBER 8, 2018

Travel by train was a mode of transportation perceived by many as outdated as the horse-drawn carriages that first pulled rail cars on them, but Buffet observed the role that railroads played in driving economic growth because of the efficient, low-cost and reliable way they moved goods across the country.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

JULY 16, 2018

The Demands of On-Demand. We live in an on-demand world. And, in an on-demand world, there’s nothing worse than waiting. Businesses wait to be paid by their buyers — not knowing when the money will actually be received, if it is good funds and sometimes how much they’ll get. The Sinking Ship of Sunk Costs.

On-Demand 43

On-Demand Settlement Consumer Real Time Payments 43