PYMNTS

JANUARY 18, 2018

According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate. Use cases for Same Day ACH debits like bill payments and business-to-business payments demonstrate how this additional faster payment method is benefiting consumers and businesses alike.”.

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Stax

JUNE 23, 2025

The way a typical ACH transfer works is as follows: You will initiate the transaction as the originator by sending a Nacha formatted data file containing information about the desired payment to your bank which is called the ODFI (Originating Depository Financial Institution). What Are Some of the Use Cases of ACH?

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ACH API Payment APIs and Integration ACH Network 88

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.

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API Same Day ACH NACHA ACH 79

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.

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NACHA Same Day ACH Innovation ACH 46

PYMNTS

OCTOBER 10, 2016

In the previous episode of NACHA’s Countdown to Same Day ACH podcast series, NACHA President and CEO Jan Estep identified the overlaps, complements and implications of all the initiatives under the faster payments umbrella — namely, real-time payments, Same Day ACH and blockchain. Innovation On Old Initiatives.

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Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

MAY 3, 2017

The May Faster Payments Tracker™ , powered by NACHA, highlights how several faster payment solutions are shaking up different industries, from health insurance to rideshare services. The most recent statistics from NACHA found that ACH transaction volume jumped by 5.3 News from the World of Faster Payments. percent to 25.5

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Faster Payments P2P Venmo Use Case 42

PYMNTS

JANUARY 26, 2021

PYMNTS latest Real-Time Payments Tracker® tells of how Los Angeles-based auto finance firm Westlake Financial onboarded RTP cautiously, spending six weeks testing use cases and troubleshooting fraud scenarios before switching it on. Nacha , the rulemaking entity for the Automated Clearing House networks in the U.S.,

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RTP Real Time Payments NACHA Same Day ACH 109

Finextra

JUNE 9, 2025

Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. The use of real-time and near real-time payment rails is also expanding. To combat this, Nacha is introducing new real-time fraud monitoring for ACH transactions, which go live in March 2026.

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PYMNTS

NOVEMBER 22, 2016

And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. Drilling down into the 4 million transactions, a significant carve-out — 1.9 But when you look at that 1.9

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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.

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Faster Payments Fed RTP Same Day ACH 80

PYMNTS

SEPTEMBER 21, 2016

Through NACHA’s Countdown to Same Day ACH podcast series, we’ve explored what Same Day ACH is all about, the myriad of use cases and applications it’s designed to deliver and if corporations and businesses are truly ready for the change. banks and credit unions the ability to better serve their customers.

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Faster Payments Same Day ACH ACH ACH Network 76

Fintech Finance

JULY 24, 2024

Carl also represents BNY on the Board of Directors for Nacha and The Clearing House Payments Company. As the FPC looks to add even more value, Carl’s experience and judgment will be invaluable in assessing the growing need for coordination and standardization to streamline the adoption of faster payments across various use cases.”

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Faster Payments FPC FedNow RTP 97

PYMNTS

APRIL 6, 2016

As reported by NACHA, the electronic payments association, the readiness was disclosed in a survey that had been conducted by the association, with the two strongest use cases identified across same day ACH. Firms are looking to use ACH across payroll and B2B functions.

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PYMNTS

SEPTEMBER 15, 2017

For NACHA, there’s a rollout of a different sort, with far-reaching impact on how, who and when consumers and enterprises see funds flow. In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September.

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PYMNTS

NOVEMBER 16, 2016

NACHA, the payments association behind the ACH Network, said Tuesday (Nov. In an interview with PYMNTS’ Karen Webster, Jan Estep, NACHA’s president and CEO, said: “We had a lot of questions right after [Same Day ACH] launched, asking us, ‘What is the volume?’ If you build it, they will come. And pay the very same day.

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PYMNTS

NOVEMBER 9, 2017

Fifty-five percent of these FIs see emergency payroll as a very or extremely important SDA credit use case, and 41 percent see loan payments as the top SDA debit use case. For FIs, debit use cases are two times more likely to be important than credit use cases. About the Report.

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Same Day ACH ACH NACHA Origination 41

Faster Payments Council

JANUARY 20, 2020

In some cases, lack of understanding of use cases within an organization or the resources needed to support faster payments adoption may be contributing to this feeling of complexity, and ultimately, may be holding back implementations.

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Faster Payments Payments Tools FPC NACHA 68

Trade Credit & Liquidity Management

APRIL 30, 2025

Jane Larimer, Nacha President and CEO, highlighted that the ACH Network’s ongoing growth reflects broad recognition of its value and convenience by consumers, businesses, and organizations. This demonstrates continued momentum in electronic payments, with significantly rapid growth in Same Day ACH. billion transactions in the quarter.

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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. Turning to Same Day ACH, Estep noted that NACHA has seen very good adoption since the September 2016 launch of the service “in a lot of the ways in which it was expected.”

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PYMNTS

DECEMBER 8, 2016

million Same Day ACH transactions with an average transaction value of more than $1,000, NACHA reported. With the United States about to complete its first full year developing and using its faster payments network, its Same Day ACH payment volume is projected to get a lot bigger. still has faster payment lessons to learn.

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PYMNTS

JANUARY 21, 2019

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. It isn’t real-time, but it seems good enough for a lot of use cases. . – it has been since the fall of 2017. The card networks enable instant payments today, too.

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Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

SEPTEMBER 2, 2016

NACHA President and CEO Jan Estep made it clear that the industry is more than ready for the change, and this week, she provided us with a look at several use cases and applications that Same Day ACH payments are sure to deliver on. there are a total of 63 potential use cases for faster payments in the market today.

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Faster Payments Same Day ACH ACH ACH Network 42

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. Use cases are evolving. And some of it is dependent on that activity you’re doing,” which in turn boils down to use cases.

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Faster Payments Real Time Payments Same Day ACH Payments 78

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. Meanwhile, the U.S. Together, they accounted for about $1.5

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Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

DECEMBER 13, 2017

It has been 14 months since the first phase of Same Day ACH credits debuted, and in numbers via a joint study by PYMNTS and NACHA, business origination of Same Day ACH credit has been significant, with clear trends in place that show healthy use and demand. based financial institutions (FIs) offer same-day credits. Now they can.

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PYMNTS

AUGUST 12, 2019

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.

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Real Time Payments FedNow TCH Fed 78

PYMNTS

JULY 28, 2016

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. She explained that the work NACHA has done with the utilization of ISO 20022 has nothing to do with the actual speed of the payments themselves.

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ISO 20022 ISOs NACHA ACH 40

PYMNTS

FEBRUARY 6, 2018

Whether it’s SDA credits or SDA debits, one of today’s most popular use cases for same-day ACH is account-to-account (A2A) transfers. percent of companies use SDA credits for A2A transfers, while 25.8 percent use SDA debits. Business-to-business (B2B) payments are also a highly popular use case, with 16.4

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Same Day ACH Faster Payments ACH NACHA 43

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 And so is the use case for real-time versus simply faster — particularly because each of the terms has different use cases and different characteristics.

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Faster Payments ACH Network Same Day ACH ACH 40

Nanonets

MARCH 21, 2023

The ACH network is managed by NACHA, formerly known as the National Automated Clearing House Association. NACHA is a non-profit organization that is self-regulating, and they’re responsible for supervising and making rules for ACH transactions. To reduce error, fraud, and delays, NACHA added new regulations in 2021.

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PYMNTS

NOVEMBER 13, 2019

That sparked a catalyst of demand and opportunity in the market, said Edwards, as more industries saw use cases for faster and real-time payment services. In addition, Nacha ‘s inability to offer always-on, 24/7 real-time capabilities is its greatest weakness. The Ubiquity Challenge. Payment Rail Collaboration.

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Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

AUGUST 17, 2017

In lieu of the legislated model, said Weir, the financial industry can take a cue from NACHA and the API Standards Industry Group, wherein community is coalescing around data sharing, a multitude of use cases and a high degree of interoperability.

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API Online and Mobile Banking Credential NACHA 76

Payment Savvy

MAY 16, 2023

Regulators Regulatory bodies like the National Automated Clearing House Association (NACHA) and the Consumer Financial Protection Bureau (CFPB) play an essential role in overseeing the instant ACH transfer process. They ensure that all participants of this network follow certain guidelines to maintain its safety, security, and efficiency.

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ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Stax

SEPTEMBER 17, 2024

These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha). Use Cases ACH payments are ideal for recurring payments and smaller transactions. and territories) No geographical limitations except for U.S.

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PYMNTS

JANUARY 25, 2019

NACHA is in the midst of collaborating on an API standardization effort, for example. “It can’t be every man for himself,” added Thielens, who said groups must collaborate to come to an agreement on which APIs to use for particular tools and use cases.

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API Payment APIs and Integration Finance Facilitators 69

PYMNTS

MAY 3, 2016

Just weeks ago, NACHA revealed its own survey on how corporates are some of the customers most ready for this progression in payments. B2B payments and payroll were cited as two of the strongest use cases for Same Day ACH, NACHA said. Same Day ACH is slated to see its first rollouts among U.S.

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PYMNTS

AUGUST 4, 2017

The use cases are going to keep growing,” Giorgio said. . TO DOWNLOAD THE AUGUST EDITION OF THE PYMNTS.COM FASTER PAYMENTS TRACKER™ , powered by NACHA, CLICK THE BUTTON BELOW. . The PYMNTS Faster Payments Tracker™ , powered by NACHA, is your go-to resource for staying up-to-date on a month-by-month basis.

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Community Banks Faster Payments Innovation Same Day ACH 46