Tag: ACH
Fed Survey: Noncash Payments Total $178 Trillion
More than 144 billion noncash payments -- those made with debit or credit cards, ACH and checks -- were made ...
Credit Cards, Online Bill Pay Increase Shares of Payments
Credit cards and online bill pay increased their shares of all payments, according to results from the Federal Reserve Bank ...
NACHA Launches Same Day ACH
NACHA today launched Phase 1 of its same-day ACH initiative, which allows for the sending and receiving of ACH credit ...
Largest ACH Originators on Track for Same-Day ACH in 2016
With same-day ACH transfers phasing in this fall, 95 percent of the nation’s largest ACH originating institutions are on track ...
Fed Issues Update on Faster Payments Initiative
Having convened stakeholders from across the public and private sectors and outlined criteria for effectiveness, the Federal Reserve’s “faster payments” ...
Weekly Infobyte: How Do Banks Authenticate Digital Transactions?
Everyone uses a username and password; large shares use out-of-band authentication and challenge questions.
Realizing the Value of Same-Day ACH
When same-day ACH credit capability becomes available this fall, it will provide a wide variety of opportunities to add value ...
Fed Action Allows Same-Day ACH to Move Forward
As ABA had advocated, the Federal Reserve today finalized changes aligning the regional Federal Reserve Banks’ FedACH system with NACHA’s ...
Fedwire and CHIPS to adopt ISO 20022 Message Format
The Federal Reserve Banks and the Clearing House are exploring how to adopt the ISO 20022 payment messages for the ...
