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. Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3].

ISO 20022

Payment Savvy

MAY 16, 2023

However, there are factors that can impact the transfer time: The time of day for the transfer The bank’s processing schedule Network transaction volume Additionally, ACH transfers only occur on business days, so weekends and holidays can also affect the processing time.

ACH

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. Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product.

Faster Payments

PYMNTS

OCTOBER 2, 2019

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. How is this different than a wire?

C2B

PYMNTS

JUNE 18, 2019

The rollout of Same Day ACH several years ago served to kick-start the process.”. Cheney said, too, that consumer expectations (akin to what she called a “grass roots movement” for RTP) have evolved, as evidenced by the uptake of P2P payment services, such as Zelle and Venmo. RTP And RFP.

RTP

PYMNTS

JUNE 29, 2018

.” The acceleration of ACH payments — namely, the implementation of Same Day ACH — has its place in the insurance market, he added, particularly when it comes to B2C use-cases, like workers’ compensation and claims payouts.

Faster Payments

PYMNTS

DECEMBER 22, 2016

And it’s true: Over the past 12 months, emergent payment methods — Same Day ACH, Visa OCT — have become far more commonplace, enabling the flow of money between businesses and individuals faster than ever before. Some observers might remember 2016 as the year that new, faster payment technologies truly began to take hold.

Same Day ACH