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Triple digit growth in a single year shows you’re on to something. Such is the case with Same Day ACH. Since its 2016 debut, businesses small and large, financial institutions from Main Street to Wall Street, and consumers have embraced the benefits of …
It was Sept. 23, 2016. The Dow Jones Industrial Average was at 18,261; a remake of “The Magnificent Seven” with Denzel Washington opened in movie theaters; and Same Day ACH made its debut. “Phase 1 of Same Day ACH allows for the sending and receiving of …
The Same Day ACH per payment limit rises from $100,000 to $1 million on March 18, 2022. Our End-user briefing has helpful information. Click to download the PDF …
File holders, you know who you are, but for those who don’t, allow us to explain. Sometimes, organizations originating ACH payments use stale or other invalid dates in the “Effective Entry Date” field. Accidents happen, but some do it routinely or have …
All those who don’t like getting their money faster can stop reading here. For the rest of us, if you’re expecting (or at least hoping for) a tax refund this year, make sure to give the IRS your Direct Deposit information. It’s a great idea in general, …
Within four days of the Maryland RELIEF Act of 2021 becoming law, the state processed 98% of the payments—nearly two-thirds of which were made by Direct Deposit. How did they do it? In a word, preparation. The RELIEF (Recovery for the Economy, …
After giving Uncle Sam a loan out of your pay it’s nice to get a tax refund. And so much the better when it arrives quickly and is immediately available to use. Direct Deposit accomplishes that, and new stats show it’s being used by more Americans this …
Direct Deposit is one of those things that’s easy to take for granted. Yet, like clockwork, it delivers employees' salaries each payday, as well as Social Security and veterans’ benefits. In fact, a 2022 American Payroll Association survey of some 29,000 …
While it’s not officially the end of summer—that comes Sept. 22—Labor Day is the last hurrah for many of us before autumn takes over. Why would you want to spend any of that precious long weekend time dealing with a paper paycheck? For many Americans, …