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Banks, feeling competition from the speed of cryptocurrencies, finally speed up ACH transfers


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2017 Aug 26, 9:47am   388 views  0 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://www.nacha.org/rules/same-day-ach-moving-payments-faster-phase-2

New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort. Beginning September 15, 2017, Same Day ACH will be available for debit entries, enabling the

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