Full Report: Faster Payments Tracker
The September edition of the PYMNTS Faster Payments Tracker, powered by NACHA, highlights notable news and developments from across the faster payments landscape, including how banks and other financial institutions are preparing for the arrival of Same Day ACH debits.
For NACHA’s Same Day ACH, The Debit Debut
And then there was Phase 2. Same Day ACH enters the newest stage of deployment, where the U.S. payments system is getting a bit of an overhaul — bringing same-day debits into the mix. NACHA COO Jane Larimer discusses what to expect, as the payment (and settlement) landscape is changing.
UK’s New Payment Systems To Be Delivered By Year’s End
The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to meet a mandate handed down by regulators.
Fed Looks To Keep Momentum Going On Payments Improvements
It’s been more than two years since the Federal Reserve issued its Strategies for Improving the U.S. Payment System paper, in which the Fed outlined initiatives for the payments industry and its stakeholders to promote progress.