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.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

PYMNTS

AUGUST 14, 2018

Nearly two years after its launch, Same Day ACH (SDA) credits are being used by nearly half of businesses and government agencies (that’s not bad for the only ubiquitous faster payments network in the U.S. The most popular use case — at least, so far — is payroll and emergency disbursements.

Same Day ACH 40

Same Day ACH B2B ACH Transaction Limits 40

PYMNTS

JUNE 29, 2018

. “But the issue with ACH is the separation of remittance claim data from the actual ACH payment. This remains a hurdle, probably, to why [ACH] is not ubiquitous.” In B2B, the demand for remittance data means ACH adoption can be stunted, let alone adoption of Same Day ACH.

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

JULY 24, 2017

This innovator secretly hoped the government would be so enamored with his innovation and its potential to transform commerce (and any number of other uses cases) that they’d want to own and operate it. No one, since without it, new payments schemes struggle, and many use cases are DOA. The year was 1837. of this effort?

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

OCTOBER 8, 2018

ACH rails now settle same-day, three times a day. NACHA is examining additional windows for weekends and has increased the limits for how much money can be sent over those same-day ACH rails. who today already have access to an ubiquitous faster payments scheme called same-day ACH.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

SEPTEMBER 17, 2018

Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Retail payments innovators have tapped into that ubiquity-driven certainty to enable new use cases that extend their reach. That creates certainty.

Rules 78

Rules Zelle Payments PayPal 78

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

MAY 5, 2016

For its real-time pilot program, TCH is focused on bill payment as its first use case. By getting major billers, such as wireless providers and utility companies, on board, he said, customers can get used to paying regular, recurring bills through their banks. Ubiquity, ubiquity, ubiquity.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41