How Same Day ACH Works for The Forgotten Gig Economy
There's more to the gig economy than just Uber drivers. Discover how KyckGlobal is using Same Day ACH to benefit what founder Jessica Koenig calls "the forgotten gig economy."
Preparing for Same Day ACH - Guidance for ODFIs
Same Day ACH enhancements build upon the proven Same Day ACH processing and settlement capability to reach all U.S. bank and credit unions. These enhancements create added opportunities and offerings for ODFIs and their customers. Learn how they can benefit your institution.
Guidance for Employers and Payroll Professionals on Same Day ACH Direct Deposit
One of the primary use cases for Same Day ACH is for Direct Deposit of payroll. This document provides guidance for employers and payroll professionals on how to effectively use Same Day ACH for faster payroll payments.
ODFI Letter to Originators to Avoid Inadvertent Same Day Entries
NACHA and the RPA’s FCC Same Day ACH group have developed a template letter for ODFIs to use to communicate with any Originators that need to review and revise their usage of the Effective Entry Date field to avoid inadvertent Same Day ACH entries.
Same Day ACH ODFI Checklist
A simplified four-step checklist that Originating Depository Financial institutions can use to make sure they are prepared for Phase 1 of Same Day ACH.
Same Day ACH Corporate Checklist
A simple four-step checklist that corporations can implement to make sure they are prepared for Phase 1 of Same Day ACH.
Same Day ACH Processors Checklist
A simple four-step checklist that payments processors can use to make sure they are prepared for Phase 1 of Same Day ACH.
Implementation and Readiness Letter to ACH Software and Service Providers
In a follow up letter to CEOs of ACH software and service providers, NACHA’s President and CEO Janet Estep says that Same Day ACH goes live in 100 days. She asks the CEOs to ensure that they are supporting the readiness of all their clients to send and receive Same Day ACH payments.
Putting Banks on the Fast Track Toward Faster Payments
Key Learnings from the Same Day ACH Vendor Forum
Same-Day ACH Leading Industry to New Frontier
An article from the American Payroll Association's June 2016 edition of PAYTECHmagazine that breaks down the benefits of Same Day ACH for all parties — employers, payroll processors, FIs, and employees. The article goes into detail on specific aspects such as termination pay, hourly workers, and reversals.
Podcast: Big Bang or Slow Ramp?
Russ Oatman, Chairperson of NACHA, speaks about the value of Same Day Payments from the perspective of his role as President of the First National Bank of Omaha. He sees a stronger revenue opportunity in business payments, and plenty of room in the marketplace for real-time and same-day to co-exist as complementary solutions. Unlike Steve, however, Russ is in the “slow ramp” camp.
Listen Now: http://bigfintechmedia.com/Podcast/big-bang-or-slow-ramp