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    • What is ACH
      What is ACH and how does it affect your life? Here’s what you need to know.
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      Modern. Multifaceted. Today’s ACH Network meets today’s payment needs.
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95 results related to "B2B Payments"
July 25, 2023
Same Day ACH Transfers $1.2 Trillion in First Half of 2023 Helping Power the Modern ACH Network
… HERNDON, Virginia , July 25, 2023 – The use of Same Day ACH payments grew significantly in the first half of 2023, … over 2022’s second quarter. Business-to-business (B2B) payments increased 10.4% from a year earlier, to more … to make the switch away from paper in making and receiving B2B payments,” said Larimer.   Claim payments to healthcare …
July 20, 2023
Nacha Statement on FedNow Launch
… marketplace.    “Large volumes of scheduled and recurring payments between known counterparties on known due dates--payroll and benefit Direct Deposits, bill payments, B2B payments and account transfers --will continue to be …
May 23, 2023
Business Email Compromise and Check Fraud Continue to Hit U.S. Businesses, Report Finds
… were targeted by BEC attacks, according to the “2021 AFP Payments Fraud and Control Survey Report.” BEC typically … the fact that organizations are using fewer checks in their B2B transactions as well as increasing the use of electronic … Administration.  “The pandemic has accelerated the shift in B2B payments from check to ACH. B2B payment volume on the …
May 23, 2023
Five Ways to Drive Customers to Pay You Via ACH
… You want more ACH payments from your customers because ACH: Costs less than check and card payments; Requires less labor to process than checks and you … cash application, particularly for business-to-business (B2B) payments. But it’s hard to get customers to change …
May 17, 2023
Same Day ACH Helps Lead ACH Network to Strong First Quarter Growth
… nearly doubled from a year earlier.  A total of 7.7 billion payments valued at $19.7 trillion were handled by the ACH … work to enhance it.” The growth of business-to-business (B2B) payments continued in the first quarter of this year, with nearly 1.6 billion B2B payments made, an increase of 11.4%. Claim payments to …
May 15, 2023
5 Reasons Why It’s Crazy for Businesses to Write Checks
… was, “ Unlike Algebra, Businesses Need to Know About ACH Payments .” Remember the “Jetsons” cartoon when George … citing that 81% of respondents to their latest Payments Fraud survey reported being targeted—or … Sure Pay, Recurring Debit, etc.). Now, I hear from a lot of B2B accounts payable types, who say that’s fine for …
May 11, 2023
Nacha Announces First Live Transactions on the Phixius Platform
… the launch of Phixius, which is aimed at making business payments more efficient and secure.”  “Nacha’s holistic and … “We are excited to offer a utility such as Phixius to the payments industry.”  Phixius provides interoperability … Nacha also leads groups focused on API standardization and B2B payment enablement. Visit nacha.org for more …
May 9, 2023
FBI and AFP Reports Warn Business Email Compromise Remains a Threat
… and personal email accounts and a request to send wire payments to fraudulent bank accounts.”  “More recently, … shift from checks to electronic for business-to-business (B2B) payments. Nacha earlier reported an 11.8% increase in B2B volume on the ACH Network from 2021 to 2022.  Checks …
April 25, 2023
In New Fed Report, Further Proof that the ACH Network is Thriving
… is.  In the initial findings from its 2022 triennial payments study, released April 21, the Fed reported that the … commonsense method. The growth in business-to-business (B2B) ACH payments is testament to that. Organizations that … hadn’t been making and receiving payments by ACH years ago. B2B payments rose 20.4% from 2020 to 2021, and then another …

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