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.

Why Millennial SMB Owners Need Faster Tax Disbursements

Why Millennial SMB Owners Need Faster Tax Disbursements
Why Millennial SMB Owners Need Faster Tax Disbursements
March 12, 2020  |  Disbursements

The joys of tax season: complex paperwork, long wait times and check disbursements. Many United States consumers are still reliant on paper checks when it...

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Deep Dive: Paper Checks: The Bane Of Student Disbursements?
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
February 14, 2020  |  Disbursements

U.S. college students must stay on top of numerous bills — including healthcare, housing, textbooks and tuition — so they can fully focus on their...

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The Struggles Of Crafting Digital Disbursements For University Students
The Struggles Of Crafting Digital Disbursements For University Students
February 13, 2020  |  Disbursements

Checks may be cumbersome and flawed, but they persist as one of the top methods by which businesses, legal firms and universities pass refunds to...

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Commercial Cards: It’s All About The Data
Commercial Cards: It’s All About The Data
February 04, 2020  |  B2B Payments

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest...

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Attempted Check Fraud Spiked 43 Pct. In Two Years
Attempted Check Fraud Spiked 43 Pct. In Two Years
January 17, 2020  |  Cybersecurity

An uptick in check fraud has financial institutions considering whether they should update methods and stop using checks, according to a report Wednesday (Jan. 15)...

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Deep Dive: Real-Time Payments Make The Grade In Higher Education
Deep Dive: Real-Time Payments Make The Grade In Higher Education
January 03, 2020  |  Real-Time Payments

The cost of college tuition is skyrocketing across the country, and the financial burden falls on many parents and students. Legacy college tuition payment methods,...

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A Faster Payments Fix For School Invoice Woes
A Faster Payments Fix For School Invoice Woes
December 30, 2019  |  Real-Time Payments

Despite the demonstrated benefits, the adoption of real-time payments has not been, well, particularly speedy. Many businesses cite the lack of ubiquity and high upfront...

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Fed Hiccup Delays Direct Deposits
Fed Hiccup Delays Direct Deposits
December 19, 2019  |  Real-Time Payments

With a problem at the Federal Reserve that has since reportedly been fixed, direct deposits, as well as other financial transactions, were delayed on Thursday...

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