Nacha‘s Afinis Interoperability Standards has released three new application programming interfaces (APIs) to help corporate customers access and review their financial transaction records. The move...
B2B transactions were not the use case that immediately came to mind with emerging payment rails like real-time payments or blockchain. But this week’s Payment...
Faster payments have grown at breakneck speed over the past few years. In the first quarter of 2020 alone, it’s setting new records in payment...
The ACH network marked a record-setting quarter as its volume skyrocketed in the first few months of 2021. According to Nacha, which oversees the direct...
The Federal Reserve continues to make headway in driving payment rail innovation via the upcoming FedNow Service, as well as increasing interest in blockchain and...
The same-day ACH payment limit is scheduled to increase tenfold — to $1 million from $100,000 — on March 18, 2022, according to a Monday...
The Federal Reserve is paving the way for new payment infrastructure to drive progress in the U.S. landscape, both through an expansion of the FedNow...
In today’s top news in digital-first banking, Nacha has said that the WEB Debit Account Validation Rule has become effective, while Goldman Sachs Group Inc....
The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to...