Stax

MARCH 27, 2025

Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations. To choose the right payment method, consider transaction volume, transfer speed, cost, and security.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

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

Faster Payments 69

Faster Payments Same Day ACH ACH NACHA 69

PYMNTS

JANUARY 8, 2021

When we saw there was demand [to increase] the original limit of $25,000, and we saw that we could raise it safely and effectively, we were happy to do that,” Whisler noted. As far as fees are concerned, she explained that existing competition from other providers, card networks and same-day ACH will likely keep fees in line. “To

RTP 139

RTP TCH Funding Agent Continuing Education 139

Payment Savvy

MAY 16, 2023

The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network. Instant ACH transfers have gained prominence as they cater to the increasing demand for expedited financial transactions.

ACH 94

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

PYMNTS

DECEMBER 12, 2017

Federal Reserve made its own progress in exploring how the nation’s regulatory environment can support faster payments progress while maintaining security, while NACHA offered up some new data on same-day ACH volume growth in the country. billion in funds transferred using Same Day ACH, an average of $650 per transaction.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

DECEMBER 13, 2017

In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. Said Herd, additional findings reveal that there are some institutions that would like to offer Same Day ACH to their customers, but the processors or vendors that they rely on haven’t enabled it yet.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

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.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

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. Take two announcements from just last week, related to the evolution of faster payments in the U.S. Then came PayPal’s debut of Instant Transfer to Bank.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 15, 2018

A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

JUNE 19, 2017

I remember having this conversation a decade ago” said Gurz, with banks and other firms about modernizing the payments infrastructure, and now consumers are demanding faster payments on the retail side. For years. “I Real-time, she noted, is a concept that requires a single and constant workflow. For CGI’s own clients, as the U.S.

Real Time Payments 64

Real Time Payments Faster Payments ACH Same Day ACH 64

PYMNTS

AUGUST 12, 2019

Senator Elizabeth Warren asks in a campaign ad, ignoring the fact that 93 percent of working Americans have their checks directly deposited into their bank accounts – ready for use on payday – using the ACH network. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

PYMNTS

JUNE 29, 2018

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. “We see really high adoption of virtual cards.”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

JANUARY 23, 2018

Steve Traut, co-owner and SVP of Sales at Superior Press , recently spoke with PYMNTS about why the company is helping banks stay up to date with technologies to help manage paper check volume, despite ongoing talk of its eventual demise. The expansion of ACH across the U.S.,

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

PYMNTS

JUNE 24, 2019

The demand for faster payments is strong in the U.S., According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 transaction accounts. In the U.K.

Real Time Payments 65

Real Time Payments RTP Faster Payments Payments 65

PYMNTS

OCTOBER 8, 2018

It’s a bit hard to argue that point given the volume of B2B payments made between trading partners annually — some $120 to $127 trillion depending on the source you believe most. Warren Buffet made rails sexy again when he bought a railroad in 2009. He began investing in them long before he bought one.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

APRIL 5, 2018

Just over 80 percent — or 82 percent — of surveyed financial institutions (FIs) anticipate SDA debit volume will grow at a rapid or steady rate in next six to nine months. The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months.

Economy 43

Economy Zelle Same Day ACH P2P 43

PYMNTS

NOVEMBER 13, 2019

The first step in achieving such traction is demand, he noted. 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 the U.S., payers have already demonstrated their eagerness for faster payment options. ” In the U.S.,

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

FEBRUARY 20, 2018

Same Day ACH became a reality in 2017 after the National Automated Clearing House Association (NACHA) introduced its faster payments infrastructure to the market. In the U.S., The Committee on Payments and Market Infrastructures (CPMI) published a new report this month calling for cross-border payments to accelerate.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

DECEMBER 27, 2019

One of the largest disruptors that B2B payments saw in 2019 was the convergence of accounts receivable (AR) and accounts payable (AP) — a trend that stems from businesses’ heightened demand for automation and data integration. But sometimes, technology that solves one problem can introduce another. In the U.S.

B2B 52

B2B Payments Same Day ACH Addressing 52

PYMNTS

MAY 22, 2018

This is without friction, and where consumers, borrowers and businesses receive funding 24/7, in the ways they want and on demand. And there was no volume … until the U.S. That last mile, when it comes to on-demand, is ‘my choice,’” she said, and it moves beyond the vagaries of ACH, where holidays can mean no payments. “I

Push-to-Card 40

Push-to-Card Same Day ACH ACH Payments 40

PYMNTS

OCTOBER 23, 2019

Below, PYMNTS looks at the latest solutions that take one of those two paths as innovators address friction in checks, ACH and other rails. It’s both a show of support for a new rail like RTP, as well as for the strategy to improve upon legacy rails like ACH. s first new payment rail since ACH launched in 1974.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

JANUARY 2, 2017

With the increasing trade volume between the two countries, payments have become a major pain point for retailers that often rely on wire transfers, which can take up to three days to complete. In 2015 alone, the U.S. The result? A need for larger working capital and a slower supply chain for both exporters and importers. “We

Cross-Border Payments 42

Cross-Border Payments Cross-Border Payment APIs and Integration Blockchain 42

PYMNTS

JULY 25, 2018

Increasingly, financial executives who start out tracking accounts payable (AP) volumes and chasing down coworkers’ expense reports will quickly find that the position demands a watchful eye on all aspects and categories of corporate spend — from travel and expenses (T&E) to procurement.

ACH 48

ACH Payroll Same Day ACH Payments 48

PYMNTS

SEPTEMBER 30, 2016

Then Uber Puppies – where pups from local animal shelters were delivered on demand to offices in need of a pup pick-me-up. In a very uncharacteristic move, an Appeals Court Judge overturned an earlier decision that would allow merchants to tender steer away from Amex to other cheaper forms of payments. Platforms On Top Of Platforms.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

PYMNTS

SEPTEMBER 17, 2019

The concept is both incredibly simple and incredibly intuitive: Offer customers 24/7 access to good funds on demand, however and wherever they want them. But delivering on that concept — and providing instant push payments on demand — is far from simple. Consumers live in a real-time world. Ubiquity, then, becomes a function of choice.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70

PYMNTS

DECEMBER 31, 2020

Key Data Points: 46 percent of SMBs experienced an increase in demand for their products or services. 35 percent of retail businesses have experienced an increase in demand. 92 percent of top performers allow their customers to place mobile orders ahead of time, and the same share also provide access to loyalty and rewards programs.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

PYMNTS

MARCH 7, 2016

Store shelves would detect shoppers’ movements and dynamically change pricing based on demand and inventory on hand. So what would physical retail look like if it were run like the best online etailers ? But that’s only one slice of how the offline experience could be made as intelligent as the online world.

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46