ACH

Showing Latest ACH

4 million ($5bn) same day ACH Payments transacted in October 2016

16 Nov 16 @ 12:11

NACHA released Same Day ACH transaction volume data for October, the first calendar month following Phase 1 implementation on Sept. 23, 2016. Same Day ACH, an industry initiative to move... read more

Real-time payments: the race against time

31 Oct 16 @ 10:37

The world seems to have got itself into a great big, tearing hurry. Consumers can send and receive e-mail across the globe in near-real-time. They can download a movie to... read more

PayPal sets sight on progressing mobile payments business

25 Oct 16 @ 09:16

PayPal reported third quarter earnings last week with an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. However, it is reported that some investors were... read more

ACI and VocaLink partner to aid adoption of immediate payments

27 Sep 16 @ 15:05

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global... read more

The Clearing House signs IBM to transform the US real-time payments

21 Sep 16 @ 09:33

IBM says The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system due to roll out... read more

Clearing and settlement systems from around the world: A qualitative analysis

21 Jun 16 @ 09:37

Research released by Payments Canada and the Bank of Canada exploring Clearing and settlement systems and payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that... read more

What will real-time gross settlement services be like in the future?

15 Jun 16 @ 14:57

The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for the euro) and TARGET2-Securities, or... read more

What does the future hold for US domestic payments?

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

Strong commitment for pan-European instant payment launch

10 Jun 16 @ 09:09

EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The... read more

ACI enables PSPs and challenger banks to access UK Faster Payments

08 Jun 16 @ 10:27

ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

ACH transaction volume grows 5.6% adding 1.3 billion payments

15 Apr 16 @ 13:55

In 2015, the ACH transaction volume grew to more than 24 billion electronic payments, an increase of 1.3 billion payments or 5.6%, over 2014 volume, according to new statistics released... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more