Category Archives: Same Day ACH

FinTech Innovation Delivering Enhanced Member Engagement

In 2018, credit unions (CUs) added 5.02 Million new members, the fastest in the history that manifests the growing popularity of CUs. However, the financial landscape is consistently challenged by escalating fraud threats & data breaches. This makes it more difficult than ever to safeguard members’ money, especially for smaller CUs. Payment cards, Same Day ACH,

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Advance to Technology Driven Community Banking

2019 ICBA Capital Summit – the finest platform for community bankers is going to take place at the Grand Hyatt Washington Hotel from April 28 to May 1, 2019. The Capital Summit for Independent Community Bankers of America (ICBA) is the place to be, if regulatory and tax relief, mortgage reform, and agricultural lending are at

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same day ach phase 3

Same Day ACH Phase 3: Facilitating the Risk of Fraud with Faster Payments

Same Day ACH, Phase III is set to take the center stage in March 2018, setting a high standards for global banking eco-system. It is developed as an immediate solution to respond to market demand, from both businesses and consumers, to move money faster. Post March 16, 2018, all financial institutions (FIs) are required to provide end-of-day

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same-day-ach

Same Day ACH Phase II, Knocking at Your Door – Weigh Your Strengths Today!

The roll out of Same Day ACH (SDACH) Phase I by the Electronic Payments Association (NACHA), the administrator of the Automated Clearing House (ACH) network, in September 2016 led the payment industry to dramatically adopt same day transactions. It accounted for approximately 13M amounting to more than $18B in QTR 1, 2017. Assessing the Impact

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