ACH

An automated clearing house is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits.

Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
April 16, 2024  |  B2B Payments

Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.  But with the Federal Reserve Bank of Atlanta highlighting on Monday...

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New Nacha Fraud Rules Highlight Utility of AI
New Nacha Fraud Rules Highlight Utility of AI
March 18, 2024  |  Security & Fraud

For financial institutions and stakeholders, the twin threats of business email compromise (BEC) and credit-push fraud demand more monitoring — and advanced technologies to do...

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Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
March 18, 2024  |  Security & Fraud

Receiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments they receive. The newly defined role was established as part...

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Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
February 26, 2024  |  Digital Payments

Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study...

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Nearly 25% of B2B Real Estate Payments Are Made via Cash or Check
Nearly 25% of B2B Real Estate Payments Are Made via Cash or Check
January 15, 2024  |  B2B Payments

Despite the entrenchment of automated clearing house transfers as the preferred payment method for real estate companies and the advancement of real-time payments observed in...

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Weave Introduces ACH Direct Debit Payments for Patients
Weave Introduces ACH Direct Debit Payments for Patients
January 10, 2024  |  Healthcare

  Weave, a platform for small and medium-sized healthcare businesses, has announced the integration of ACH debit payments into its product suite. This new addition...

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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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