78 results related to "*"
HERNDON, Va. , April 9, 2020 – The ACH Network opened 2020 with a strong first quarter, as the number of payments rose 7.1% from a year earlier. The results were driven primarily through robust growth occurring prior to the slowdown of economic activity …
The ACH Network had exceptionally strong growth in the third quarter of 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network totaled 6.8 billion payments in the third …
Despite Concerns Over Mail Delivery, Overwhelming Majority of Federal Government Payments Continue to be Made On Time
More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit HERNDON, Va., August 19 , 2020 – In recent days, significant concerns have been raised over the delivery of payments from the Social Security Administration and …
2 Billion New Payments Added as Pandemic Accelerates Shift to Electronic Payments Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on …
Nacha applauds the Federal Reserve Board of Governors for issuing its proposal to extend its settlement services to support Same Day ACH enhancements with later settlement hours. The industry has spoken loudly in support of the expansion of Same Day ACH, …
Just because it’s summer doesn’t mean everything moves at a slower pace. Certainly not Same Day ACH, which set a record in July. It’s the first month in which Same Day ACH payment volume averaged more than 1 million payments per day. With 21 processing …
There’s new evidence that businesses are rapidly abandoning checks in favor of ACH and other electronic payments. The 2022 Association for Financial Professionals (AFP) Digital Payments Survey , released Oct. 4, found that just 33% of business-to-business …
It isn’t every day that you see an increase of 1,140%. But when you look at some recent gains by Same Day ACH used for business-to-business (B2B) payments that’s exactly what happened. Back in the second quarter of 2019, Same Day ACH for B2B payments …
A Busy 2023 Ahead in the Financial World, Policy Experts Tell Nacha’s Government Relations Advisory Group
For any administration, regardless of party, the financial world always puts a lot on your plate. The third year of the Biden administration is no different, and Nacha’s Government Relations Advisory Group (GRAG) recently learned what some of the policy …