Search
Displaying 1 - 10 of over 15 results for "*"
March 30, 2021
Do you think ACH payments take 3-5 days to process? They don't. That's a myth. Or do you think if payday is on a Friday, you won’t get your money until Monday (or later if Monday is a holiday)? That's another myth. Learn more about the realities of ACH payments.
Download Payments Myths…
ACH, Direct Deposit
September 22, 2020
ACH Can Help Transit
American consumers and businesses make tens of billions of payments directly from their bank accounts each year using ACH. Most transit agencies operate on tight budgets, and with COVID-19 causing huge drops in ridership (and fare collections), every dollar counts more than…
ACH, Direct Deposit, Direct Payment via ACH
September 15, 2020
As the coronavirus pandemic endures across the country, the U.S. government turned to Direct Deposit to deliver hundreds of millions of stimulus payments to Americans, not once, not twice but three times.
The IRS reported that under the CARES Act, 122.5 million economic impact payments…
Legislative and Regulatory, ACH, ACH Network, ACH Operations, Advocacy, Direct Deposit, Direct Payment via ACH, Faster Payments
August 17, 2020
ACH Can Lower Costs
With ACH, businesses – including subscription services – can lower overall costs vs. other payment types.
What is ACH?
ACH transactions include:
ACH Credit: An ACH transfer where funds are pushed into a bank account. The best example is used for payroll…
ACH, Direct Deposit, Direct Payment via ACH
November 11, 2019
Version 2.x
Version 2 is an architecturally improved version of the IFX Business Message Specification (BMS), including refined adaptation to SOA, a consistently applied object model and important new content IFX Version 2 continues the Forum’s commitment to a business-first, service-…
APIs
November 11, 2019
Diagram
This diagram shows the basic container hierarchy of every object in the IFX Standard. The data attributes commonly associated with an object are found mostly in the xxxInfo segment and the current state of the object is found in the xxxStatus segment.
Extended Discussion…
APIs
November 11, 2019
The IFX standard uses a service-oriented architecture (SOA) framework for interactions between businesses and applications. The framework exposes obvious design patterns, standard abbreviations and common message handling techniques that make it easy to work within any business or technical setting…
APIs
May 1, 2019
July 9-10, 2019, Afinis Interoperability Standards Members will meet to review their latest work efforts and identify new initiatives and goals for the second half of the year.
Additional details will be made available as the meeting date nears.
APIs, Products and Solutions, Standards & Regulations
April 19, 2019
Register for the AAP Exam
Any professional in the payments industry can work toward accreditation. If you have worked in ACH for years, you will add a highly respected qualification to your resume; if you are relatively new to the field, you will give yourself an edge over the competition. At a…
Accreditation, ACH, ACH Network, ACH Operations, Certifications, Nacha Operating Rules, Training
February 4, 2019
API standardization is key to creating efficiency and interoperability in financial services. That’s where Afinis Interoperability Standards comes in. Afinis unites diverse, global stakeholders to bring intelligent innovations to market to advance efficiency, surety, security and…
APIs