Payment Savvy

MAY 16, 2023

What Are Instant ACH Transfers? Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. These transfers are processed on a per-request basis and can help recipients access their funds faster than with standard ACH transfers.

ACH 94

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

Finextra

JUNE 9, 2025

The use of real-time and near real-time payment rails is also expanding. With the Federal Reserve proposing to make its service available 22 hours a day, seven days a week, Nacha is also considering adding a fourth processing cycle for same-day ACH.

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

PYMNTS

AUGUST 24, 2016

From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. At the heart of the discussion is how companies can pay their employees in a timely manner — naturally, a critical component of a functioning workforce.

Faster Payments 42

Faster Payments Same Day ACH Payroll On-Demand 42

PYMNTS

SEPTEMBER 4, 2018

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. NACHA found B2B payments made up 6 percent of the nearly 2 million same-day ACH transactions that occurred in the first 11 days the service went live.

Faster Payments 44

Faster Payments Treasury Real Time Payments Liquidity Management 44

PYMNTS

NOVEMBER 13, 2019

The insurance sector sees demand for faster claim payouts, for example, while the small business lending market can similarly add value to borrowers by enabling them to draw funds from their line of credit, and actually access that money same day or in near real time. The Ubiquity Challenge. The Ubiquity Challenge.

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

JULY 24, 2017

One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. His ask, at the time, was nothing more than to meet again once he rustled up some capital and a few like-minded innovators to further flesh out his idea.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

JULY 8, 2016

Real time/Same Day ACH, Dombroski says, can be a game changer – giving FlexWage even more of an ability to fund a consumer’s bank account in “real-time, or nearly real-time.”. Through its main service WageBank, employer payroll systems can be enabled to deliver these payday advances.

On-Demand 42

On-Demand Same Day ACH ATM Near Real-Time 42