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Donors are the lifeblood for nonprofits and religious organizations. Enabling electronic bank transfers is the choice method to convert them to sustainable donors and to save money so you can devote more to your mission. ACH can help. Electronic bank …
In today’s dynamic payments environment, in which payment mechanisms continue to evolve and the need for robust banking solutions is paramount, the importance of having a solid business banking program continues to be a priority for many financial …
Cryptocurrency has evolved from a niche digital asset years ago into a disruptive force in financial services today. In its earliest days, it was seen as a speculative investment; it now plays an emerging role in payments, banking and global finance. …
No one at a financial institution wakes up one morning and decides to start originating ACH payments. There’s a lot that goes into it, as Sunrise Family Credit Union can attest. In fact, their board had long wanted SFCU to become an Originating Depository …
As we forge our path into 2025, it can be helpful to take a moment to reflect on recent developments and also consider new, emerging trends. For this edition of Notes from the Field, we are focusing on two main topics: AI and Nacha Rules updates. AI is …
… According to the U.S. Chamber of Commerce , "ACH payment acceptance saves small businesses money while improving customer experiences." Does your business currently take recurring payments? Do a significant proportion of your customers currently pay by …
Consumer ACH payments include recurring expenses—mortgages, loan payments and utilities, for example—where consumers can authorize a monthly payment and not worry about mailing checks and instead to “just set it and forget it.” Consumers are also finding …
… More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …