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The last year and a half was turbulent, but through it all the ACH Network delivered for Americans when they needed it most, while also preparing for a strong future, Nacha President and CEO Jane Larimer said. “The ACH Network demonstrated its role as a …
The world of payments is changing rapidly, and the Federal Reserve is changing with it. “The world of payments has seen its fair share of disruption in recent years, driven by technology innovation and new players that are changing the value chain and …
Smarter Faster Payments Remote Connect Aug. 23-26 Welcome to Day 2 of Remote Connect Day one was a whirlwind. We hope you came away with some new ideas and inspiration. It is my pleasure to welcome you to day two of Smarter Faster Payments Remote Connect. …
New payment rails is a growth industry, says Gene Neyer of U.S. Bank. “This is an incredibly interesting and vibrant area,” he added. Neyer joins Josh Karoly of Netflix, Kathy Strasser of IncredibleBank, and Connie Theien of the Federal Reserve Bank of …
So, exactly what is happening in the payments landscape today? To put it simply, there has been an increase in consumer use of digital payments, a decrease in using cash for payments, and growth in the adoption of faster payments. “It is really all about …
Like peanut butter and jelly or ice cream and hot fudge, fintechs and financial institutions can be a great pairing. But there’s a lot for both sides to think about when considering a partnership. That’s the focus of Wednesday’s “Symbiosis of Fintechs and …
As the pandemic winds down, both consumers and merchants are beginning to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are …
Happy Remote Connect Day! Today marks 75 days until Nacha’s Smarter Faster Payments Remote Connect gets underway. The fact that Remote Connect offers the best in payments education is reason itself to celebrate, but Nacha is going one better. Anyone who …
Even before the first phase of Same Day ACH was implemented nearly five years ago in September 2016, Nacha’s Risk Management Advisory Group (RMAG) had been evaluating potential risk increases and decreases due to Same Day ACH. Were the doom and gloom …