Displaying 21 - 40 of 44
Tag: Same Day ACH
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
ACH Network Volume Rises 6.1% in Fourth Quarter of 2021 as Healthcare Claim Payments and B2B Lead the Way
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
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
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.
Article July 27, 2021
Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments.
Article July 13, 2021
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 accepting alternative payment methods.
Article July 12, 2021
The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG).
Article June 29, 2021
Nacha’s Risk Management Advisory Group has been evaluating potential risk increases and decreases due to Same Day ACH. It has consistently found no justification to fears that Same Day ACH would introduce massive amounts of risk.