Remove Nacha Operating Rules Remove Payments Remove Same Day ACH
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Nacha Adopts New Rules To Modernize ACH Payments

PYMNTS

Nonprofit Nacha , which enables Automated Clearing House ( ACH ) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. Last month, Nacha provided new resources for voice payments and cybersecurity.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. merchants accept touch-free payments.

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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

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Fed Seeks Comment On New Operating Hours For Fedwire Funds

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13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement.

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Clearing Up The Case For ISO 20022

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Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. At its core, Jan Estep, President and CEO of NACHA , explained that ISO 20022 is all about creating a standardized approach to building messaging standards across financial services.