Is it time to kill the paper check?
Checks aren’t dying on their own. Meanwhile check fraud is up exponentially while bankers await a killer app for payments.
Tag: ACH
ACH Network handled more than eight billion payments in Q1
The Automated Clearing House Network handled 8.2 billion payments valued at $20.7 trillion in the first quarter of 2024, led ...
ACH Network handled over 31 billion payments in 2023
The Automated Clearing House Network handled 31.5 billion payments valued at $80.1 trillion in 2023, representing a 4.8% increase in ...
ACH Network reports significant growth in same-day payments in 2023
The ACH Network saw significant growth in same-day ACH payments in the first half of 2023, according to figures released ...
ABA provides feedback on Nacha risk management inquiry
ABA offered feedback on a recent request by Nacha for comment on four risk management topics that could inform future ...
Volume of ACH Network transactions continued to grow in 2022
The Automated Clearing House Network processed 30 billion payments valued at $76.7 trillion in 2022, representing a 3% increase in ...
ACH Network shows strong Q1 growth
B2B payments increased by 15.5% from Q1 2021, with more than 1.4 billion ACH B2B payments made. It's also a ...
Shorter settlement cycle means banks’ brokerage services face challenges
Banks that retain more of their brokerage activity in-house but outsource functions such as trade execution or clearing to third ...
NACHA Expands Same-Day ACH Limit to $1M
As expected, NACHA today increased the dollar limit for same-day ACH transactions from $100,000 to $1 million. The change was ...
The Clearing House: ACH Transaction Volume on EPN Network Outpaces National Level
As bank customers increasingly turn to electronic payments, the Clearing House today announced that transaction volume on EPN, its ACH ...
