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NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

As of the date of this Operations Bulletin, that public comment notice has not been issued, and the Fed Board has not informed NACHA when that might happen.”. In the latest example, PayPal Holdings Inc. on Tuesday added a new service called Instant Transfer to bank , with JPMorgan Chase & Co.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

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