ACH

An automated clearing house is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits.

Healthcare Represents 20% of GDP That Desperately Needs Payments Efficiency

Healthcare Represents 20% of GDP That Desperately Needs Payments Efficiency
Healthcare Represents 20% of GDP That Desperately Needs Payments Efficiency
August 05, 2022  |  Healthcare

At more than $4 trillion, healthcare spending in the United States accounts for nearly 20% of gross domestic product (GDP), a far greater share than...

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Same-Day ACH Payments Double in Q2
Same-Day ACH Payments Double in Q2
August 04, 2022  |  Digital Payments

The ACH Network moved 7.5 billion payments totaling nearly $20 trillion value during the second quarter, according to an announcement from Nacha, the industry group...

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Inflation Increasing Consumer, Merchant Use of Digital Payments
Inflation Increasing Consumer, Merchant Use of Digital Payments
August 03, 2022  |  Digital Payments

“Belt tightening is something we are seeing across the economy, and everyone is trying to squeeze more out of the payment process.” Get the Full...

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Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With Cryptocurrency Crowdfunder EarthFund
Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With...
August 02, 2022  |  B2B Payments

Today in B2B payments, Mashreq debuts non-banking services initiative for small businesses while Montway Auto Transport debuts a digital platform. Plus, ACH network moves 7.5...

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ACH Network Moves 7.5B Payments Led by Same-Day Growth
ACH Network Moves 7.5B Payments Led by Same-Day Growth
August 02, 2022  |  Digital Payments

The national Automated Clearing House (ACH) network for electronic funds transfers moved 7.5 billion payments totaling $19.6 trillion in the second quarter of this year,...

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Virtual Cards Gaining Ground on ACH in B2B Payments
Virtual Cards Gaining Ground on ACH in B2B Payments
June 21, 2022  |  B2B Payments

The accelerated digitization caused by shutdowns and operational restrictions during the pandemic inspired a series of financial experiments, many of which have shown that they...

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Faster Payments Take Sole Proprietors From Survival to Success
Faster Payments Take Sole Proprietors From Survival to Success
June 15, 2022  |  Real-Time Payments

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NEW REPORT: SMBs Balance Buyer and Supplier Needs With Payments Platforms
NEW REPORT: SMBs Balance Buyer and Supplier Needs With Payments Platforms
June 08, 2022  |  Accounts Payable

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