Not only is Same Day ACH speeding up payments, but it’s expected to deliver a growing number of innovative applications to both consumers and businesses alike. In this week’s episode of NACHA’s Countdown to Same Day ACH podcast series, Jan Estep, president and CEO of...
It’s been a long time coming, but the countdown to Same Day ACH is almost up. The question now is: Are banks ready? In the first installment of NACHA’s Countdown to Same Day ACH podcast series, Jan Estep, president and CEO of NACHA, joined Karen...
Compass Plus, the electronic payments software company, announced on Monday (Aug. 15) that it has been certified as one of only five companies to gain aggregator accreditation for Faster Payments in the U.K. Faster Payments is a system that enables U.K customers to make secure...
And now it’s here … almost. In just a few weeks, Phase 1 of Same Day ACH service goes live. What does this step toward ubiquitous faster payments mean for bankers, businesses and consumers? For August’s Faster Payments Tracker™, powered by NACHA, PYMNTS caught up...
In May 2015, NACHA received approval from its membership to amend the NACHA Operating Rules to add two new settlement windows that enable same-day settlement and posting for ACH transactions. Any originating institution can offer products that clear on the same day, knowing that all...
It’s happening. With the launch of Same Day ACH Phase 1 now just a little more than two months away, banks are getting ready for a payments future that’s faster – and forging partnerships to help them get there. July’s Faster Payments TrackerTM takes stock...
It’s happening. With the launch of Same Day ACH Phase 1 now just a little more than two months away, banks are getting ready for a payments future that’s faster – and forging partnerships to help them get there. July’s Faster Payments TrackerTM takes stock...
ACI Worldwide, a real-time electronic payment solutions provider, is partnering with Ohio-based Cedarville University to power its tuition payments across multiple channels for close to 4,000 undergraduate and graduate students. The partnership now effectively integrates ACI’s electronic payment system with the university’s digital communication platform...
When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on what a digital framework capable of securely supporting an ecosystem of real-time payments must look like from her perch. That...
