Faster Payments Tracker

FASTER PAYMENTS TRACKER - MARCH 2017

The PYMNTS Faster Payments Tracker™, powered by NACHA, is your go-to resource for staying up to date on a month-by-month basis. The tracker highlights the contribution of different stakeholders, including institutions and technology coming together to make this happen.

INSIDE THE MARCH TRACKER

Recent stories from across the faster payments landscape, including headlines from NACHA, Bottomline Technologies and PayCommerce, among others.

An interview with George Evers, director of immediate payments for VocaLink, on how proxy service solutions are offering users a simpler way to send money.

nacha news

PAST TRACKERS

MARCH 2017

90%

NACHA survey: 90 percent banks report higher Same Day ACH origination volume as higher than or on par with expectations.
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FEBRUARY 2017

$17B

Same Day ACH transactions generate credit transactions valued at $17 billion in first 3 months
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January 2017

5.8B

Wyre raises 5.8 billion in funding
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december 2016

90%

A recent survey found 90 percent of commercial banks considering blockchain technology for payments.
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november 2016

15%

Survey shows 15 percent of banks could be running blockchain solutions in 2017.
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OCTOBER 2016

90%

New Fiserv tool detects more than 90 percent of fraud.
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SEPTEMBER 2016

P2P

Early Warning Partners with Fiserv, Mastercard & Visa on P2P Payments.
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AUGUST 2016

$60M

Circle receives $60 million in funding from IDK-led group.
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JULY 2016

55%

of financial executives expect blockchain to be an important technology in 10 years.
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JUNE 2016

82%

of American workers are being paid through Direct Deposit via ACH.
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MAY 2016

95%

of top U.S. financial institutions responding to recent NACHA survey intend to offer same-day B2B payments.
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APRIL 2016

12%

rise in the ACH Debit C2B bill payment transactions in the U.S. from 2009 to 2014.
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MARCH 2016

8B

BUSINESS TO BUSINESS PAYMENTS (B2B) – THE NUMBER OF B2B CHECKS WRITTEN IN THE U.S. ANNUALLY, AT A COST OF $100 BILLION.
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FEBRUARY 2016

96%

OF AMERICANS RECEIVE THEIR PAYCHECK VIA DIRECT DEPOSIT.
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JANUARY 2016

29B

(BILLION) PAYMENTS THAT COULD POTENTIALLY MOVE TO REAL-TIME DELIVERY.
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