Displaying 21 - 40 of 47
Tag: Same Day ACH
Article May 12, 2022
The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended.
Article May 10, 2022
Presidents typically stand before Congress and proclaim the state of the union to be strong. Michael Herd was looking for a different adjective to describe the ACH State of the Union and came up with the perfect fit: “historic.”
Article May 10, 2022
A new study for Nacha and the Center for Payments takes a closer look at how Same Day ACH is being used and what the payments community would like to see.
Article May 3, 2022
Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans.
“We don’t need special occasions” to use Same Day ACH, Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the Nacha Board of Directors, told Smarter Faster Payments 2022.
Article March 18, 2022
The latest enhancement to Same Day ACH is here. The per payment limit is now $1 million.
Landing Page March 1, 2022
Same Day ACH is the faster payment method that debuted in September 2016 for credits, notching 1.3 million payments in its first six processing days. Debits were added in 2017, and by the time Same Day ACH marked its fifth anniversary in September 2021, it had recorded a total of 1.2 billion payments. It took just 13 months more to cross the 2 billion mark.
Article February 3, 2022
ACH Network volume grew 8.7% in 2021 with 29.1 billion payments. The value of those payments rose 17.4%, or $10.8 trillion.
Article January 20, 2022
Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021.
Article January 5, 2022
Today, Nacha released the following statement by President and CEO Jane Larimer on the December 2021 update to the Federal Reserve Payments Study.
Article November 2, 2021
In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases.
Article October 19, 2021
With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021.
Article September 24, 2021
The IRS used Same Day ACH to send some 430,000 Advance Child Tax Credit (ACTC) payments.
Article September 9, 2021
To mark the fifth anniversary of Same Day ACH, Nacha has new cases studies showcasing the ways this faster payment method is being put to use.
Article September 8, 2021
As Same Day ACH marks its fifth anniversary, Nacha President and CEO Jane Larimer looks at some milestones and what's ahead.
Article September 1, 2021
In the second quarter of 2021, Same Day ACH payment volume was 148.7 million, an increase of 82% over the same time in 2020. Those payments transferred $250 billion, up 115% from a year earlier.
Landing Page August 27, 2021
The number of payments and value conducted on the ACH Network.
Article August 24, 2021
A panel of end users and practitioners discusses the key features and drivers of the FedNow Service – and whether they tend to adopt the new payments system when available – as well as how new payments rails may have changed their business models.
Article August 16, 2021
While there’s an overwhelming desire to return to pre-pandemic life, some changes to the payments landscape are likely permanent—and that’s a good thing.
Article July 28, 2021
A survey by RMAG found no increase in fraud attributable to the later hours for submitting Same Day ACH payments.