ACH

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Same Day ACH passes major milestone in 2024

31 Jan 25 @ 14:08

Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark,... read more

ACH Network surpasses 3 billion payments in 2023

15 Feb 24 @ 11:40

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the... read more

Fraud report reveals attempted fraud transactions increased 92%

15 May 23 @ 15:07

NICE Actimize has released a Fraud Insights Report that delves into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions. Leveraging collective intelligence... read more

Major trends impacting payments modernization in 2023

05 May 23 @ 15:42

The evolving payments landscape in commercial banking is a continued area of focus for financial institutions (FIs) and vendors. Broadly described as infrastructure or payments modernization efforts, FIs in particular... read more

ACH Network moves 30 billion payments – $77 trillion in 2022

22 Feb 23 @ 18:39

The modern ACH Network processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which... read more

J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US

14 Nov 22 @ 09:23

Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments.   The latest... read more

Has Elon Musk set his sights on the payments industry via Twitter acquisition?

09 Nov 22 @ 18:01

Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more

US Federal Reserve study shows dramatic changes to US payments market

06 Jan 22 @ 11:46

The United States’ Federal Reserve has issued an update to its Federal Reserve Payments Study (FRPS) on the US payments market to include findings from recent survey data. The findings... read more

2020 Top 50 financial institution ACH originators and receivers

07 Apr 21 @ 10:00

Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020. The Top 50 originating financial institutions handled a volume of almost 23.1... read more

ACH Network sees record growth in 2020 to 26.8 billion payments

04 Feb 21 @ 17:15

Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... read more

Nacha report: The top 50 ACH payments Originators and Receivers

09 Apr 20 @ 10:14

The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2019 are now available. Among originating financial institutions, the Top 50 handled ACH volume of... read more

The top 50 ACH receivers and originators by volume in 2018

28 Mar 19 @ 09:53

NACHA has released its Top 50 rankings of originators and receivers of ACH payments for 2018. The Top 50 originating financial institutions accounted for volume of more than 19.7 billion... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more