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NACHA Same Day ACH Security 
PYMNTS
OCTOBER 10, 2016
NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. As Throckmorton pointed out, it’s not about moving money but more about making processes better, more standard and more secure. via all banks and credit unions.
76 
Finextra
FEBRUARY 15, 2024
Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023.
59 PYMNTS
MARCH 23, 2017
Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.
54 
PYMNTS
FEBRUARY 7, 2017
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. The association released the latest data on the rollout of Same Day ACH thus far with a new report today (Feb.
44 
PYMNTS
MAY 3, 2016
A survey published by financial security software firm NICE Actimize found that a whopping 93 percent of banks anticipate new fraud threats resulting from Same Day ACH. Same Day ACH is slated to see its first rollouts among U.S. We haven’t seen the first rollouts [of Same Day ACH] yet.
43 PYMNTS
MAY 7, 2018
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. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however.
47 
PYMNTS
JANUARY 28, 2020
Same-Day Boosts ACH Adoption. While RTP emerged as a new payment rail to address payment friction, NACHA, which manages the ACH payment rail, announced that its newest service on the legacy payment network, Same Day ACH, is helping to accelerate adoption of the rail. percent year over year.
79 
PYMNTS
AUGUST 3, 2016
Same Day ACH has been a focus for banks since it was proposed in early 2014. will be able to accept Same Day payments, with the option to originate them. 23 to go smoothly is that the ACH network is already being used by banks and consumers. Now, it’s coming to life. About The Tracker.
41 
PYMNTS
SEPTEMBER 9, 2016
With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. The Mountain View, Calif.-based
40 
PYMNTS
SEPTEMBER 21, 2016
In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. Both are about moving payments faster than they are today.”.
PYMNTS
FEBRUARY 5, 2020
The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data.
52 
PYMNTS
FEBRUARY 11, 2020
The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.
89 
FICO
MARCH 27, 2017
Today could be that day. Are banks truly ready for same-day ACH? Between the Same Day ACH initiative launch on September 23, 2016 and December 31, 2016, there were more than 13 million same-day ACH transactions. Remember the ApplePay authentication fiasco ?). How to fight back.
40 
Stax
MARCH 27, 2025
Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). EFT and ACH payments are fast, secure, and hassle-free. To choose the right payment method, consider transaction volume, transfer speed, cost, and security.
88 
PYMNTS
NOVEMBER 5, 2018
NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”.
PYMNTS
JULY 6, 2017
With the speed of payments accelerating and Same Day ACH initiatives continuing to roll out, NACHA has pulled together a group of industry experts to explore API standardization as a way to facilitate faster payment speeds and greater transaction security, among other use cases.
79 
PYMNTS
SEPTEMBER 15, 2020
At a high level, the changes to Nacha ’s WEB Debit Account Validation Rule mandate that as of March 19, 2021, account verification must be part of anti-fraud efforts. The new rule comes at a time when Nacha has reported that ACH payments have become increasingly popular, perhaps not a surprise as more transactions and commerce move online.
69 
PYMNTS
MAY 25, 2017
Hence the recent announcement of the 2017 NACHA Payments Awards , which seeks to spotlight innovation and advancements in payments technology, which this time around was predicated on proven accomplishment in advancing electronic payments and finding new ways to leverage Same Day ACH.
46 
PYMNTS
JANUARY 26, 2021
Nacha , the rulemaking entity for the Automated Clearing House networks in the U.S., Still, “FIs and corporates may struggle to determine whether they would benefit from using Same-Day ACH, The Clearing House’s RTP® network or other options to suit their needs, and Nacha aims to assist.”.
109 
PYMNTS
NOVEMBER 10, 2017
Security camera or no security camera. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. But ready or not, the Key has started shipping.
40 PYMNTS
DECEMBER 7, 2016
Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. According to NACHA, the network processed nearly $5 billion in 3.8 million transactions, with an average transaction value of more than $1,000, in the month of October alone. But the U.S.
PYMNTS
FEBRUARY 9, 2017
Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. NACHA has grown considerably in the past 25 years,” said Stone. “As
46 
PYMNTS
MARCH 18, 2019
First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light.
PYMNTS
DECEMBER 8, 2016
Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. In October alone, the ACH Network processed nearly $5 billion in 3.8
Clearly Payments
MAY 22, 2025
PCI Compliance Fee A fee for maintaining security standards. Security & Compliance PCI Compliance Security standards for handling cardholder data. Tokenization Replacing card data with a secure, unique token. 3D Secure An added layer of authentication (e.g., ACH (Automated Clearing House) The U.S.
Payment Savvy
MAY 16, 2023
Our current era has been shaped by digitization with a fundamental impact on all sectors, including banking and finance, where it has brought unprecedented convenience, security, and efficiency. They are responsible for ensuring each transfer’s accuracy, security, and compliance.
94 
PYMNTS
DECEMBER 12, 2017
Released last week, December’s PYMNTS Faster Payments Tracker , powered by NACHA , tracks progress of faster payments initiatives throughout the U.S. billion in funds transferred using Same Day ACH, an average of $650 per transaction. But with the U.S. Together, they accounted for about $1.5
PYMNTS
DECEMBER 13, 2017
The company knows exactly what these documents should look like — from security characteristics and items encoded to how the photo should be held in place — thus helping to make verifying a purchaser a seamless process both online and in-store. 14 | The number of months that have passed since the first phase of Same Day ACH credits debuted.
49 
PYMNTS
FEBRUARY 8, 2017
In regions around the world, including Europe and Asia, faster payments are taking a hard look at how tools such as blockchain and Same Day ACH can help improve their business. In terms of opportunity, new data from NACHA puts an impressive dollar figure on the value of Same Day ACH transactions from credit cards.
PYMNTS
SEPTEMBER 26, 2016
In the context of the rollout of Same Day ACH, as well as new research that found companies have actually increased their use of the paper check in the last three years, the payment rail choice isn’t always easy. The data makes that glaringly clear. There’s a lot of friction between suppliers and customers.”
65 
PYMNTS
APRIL 22, 2020
Traditional ACH takes a few days to process, meaning it simply wouldn’t feasible for a company to run payroll and push out wages every day, even if it wanted to. kicked off its Same Day ACH functionality, which Ross said became a major launching pad for capabilities to offer early wage access solutions.
62 
PYMNTS
JANUARY 31, 2019
NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. demand for faster payment capabilities, too. demand for faster payment capabilities, too.
PYMNTS
SEPTEMBER 26, 2016
Same Day ACH is now a reality and, with much fanfare, represents the first ubiquitous faster payments initiative in the United States without an attendant regulatory mandate. But as Karen Webster noted in the latest installment of Topic TBD, even as faster payments takes a step closer to reality in the U.S.,
71 
Nanonets
MARCH 20, 2023
The ACH network is managed by NACHA, which was earlier known as the National Automated Clearing House Association. NACHA is a non-profit organization that is responsible for the supervising and rule-making functions for ACH transactions. There are also Next Day ACH transfers and Same Day ACH transfers available.
52 PYMNTS
JANUARY 15, 2018
It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. ” Finexio is just one of the B2B payments startups to have recently secured investor attention. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1
55 PYMNTS
MARCH 3, 2017
In an interview with Karen Webster of PYMNTS, Janet Estep, president and CEO of NACHA, noted that technology is always under the microscope. She offered up changes underway with ACH as a form of evolutionary pacing, with changes in speed, or perhaps format changes of the payment itself.
50 PYMNTS
FEBRUARY 6, 2018
From employers who use the service for direct-deposit payments to landlords and utility companies that use it to collect rent or monthly bills, same-day ACH has been gaining in popularity and putting a variety of payment types in the fast lane. local time on the day a transfer is initiated, goes live in March.
43 
PYMNTS
OCTOBER 3, 2017
The discussion took place as NACHA unveiled Phase Two of its Same Day ACH initiative, debuting same-day debits with an eye on settling bill payments with speed and security.
PYMNTS
SEPTEMBER 14, 2018
FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Other areas of real-time processes include cash and liquidity management.
PYMNTS
JANUARY 21, 2019
Oddly, the push for faster payments also comes at the same time when payments in the U.S. It didn’t take a regulatory proclamation for Same Day ACH to become ubiquitous in the U.S. – NACHA was able to get all 13,000 banks in the U.S. on board because it offered a solution for use cases where same-day was essential.
PYMNTS
FEBRUARY 4, 2019
bank account would be able to securely receive real-time payments by 2020. . Consumers may find it easy to pull out cards, but this system doesn’t work as well for retailers, who must wait one to three days for those payments to process. . Meanwhile, NACHA called for continued attention on faster ACH’s value.
PYMNTS
AUGUST 3, 2017
The August Faster Payments Tracker™ , powered by NACHA , highlights notable news and developments from across the faster payments landscape, including coverage of the long-awaited release of the Federal Reserve’s Faster Payments Task Force report on how to improve the U.S. About the Tracker .
PYMNTS
APRIL 8, 2016
6, 2015, speaking at the Faster Payments Imperative, NACHA CEO Jan Estep emphasized the need to continue the dialogue about what the concept of faster payments really means. “We Three of those innovators were highlighted at 2016 PYMNTS Innovation Awards, and were recognized for being the “Best Innovation in ACH.” The next six months.
PYMNTS
FEBRUARY 11, 2019
NACHA and Same Day ACH debuted EXACT DATE to enable same-day settlements through three settlement windows, and are currently exploring options to extend that availability on weekends and holidays. In other cases, same day is good enough.
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