FULL REPORT: PYMNTS Faster Payments Tracker
Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for making the U.S. payment system faster this month, it’s unlikely a federal mandate will make the cut. That’s Roy DeCicco’s take, at least. For July’s Faster Payments Tracker™, DeCicco, who’s managing director at JPMorgan Chase and sits on the task force board, tells PYMNTS what makes the U.S. market uniquely ill-suited for a mandate. Plus, the latest news on Same Day ACH, Zelle, Venmo and more.
NACHA Talks Faster Payments, CLEARR Act And APIs At Capitol Hill Day
Earlier this month, NACHA–The Electronic Payments Association sent its Government Relations Advisory Group on its annual pilgrimage to Capitol Hill. The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and the NACHA Operating Rules.
AR Execs Gear Up For ACH To Surpass Check Use, NACHA Finds
CRF and NACHA released a new survey this week that explores how credit and accounts receivable (AR) professionals are planning for changes in B2B payments trends
Monese Adds Direct Debit Capability To Its Mobile App
Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on traditional banks.