Pacing Payments

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Welcome to Pacing Payments!

NEACH is pleased to announce the launch of Pacing Payments, a resource designed to aid our members in staying on top of critical developments in faster payments. 

Created exclusively for NEACH members, Pacing Payments features targeted interviews with industry leaders, updates on key initiatives, breaking industry reports, answers to critical questions, customized information, and more. 

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This section of Pacing Payments will bring you the latest news and information from industry reports. Please note that some publications require subscriptions.

Industry News

  • Payments revenue to hit $2.4 trillion by 2027— finextra.com

    The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.
  • Fraud growing faster than non-cash payments, Fed finds — centralbanking.com

    Incidence of payments fraud in the US has grown faster in recent years than non-cash payments, the Federal Reserve finds in a new study.
  • PayPal’s Mobile Payments Service Venmo Hikes Fees, Draws Ire —paymentweek.com

    Bad news recently arrived for Venmo users, as it announced that starting November 6, it would add a one percent fee for Venmo account holders that were transferring money using debit cards, with a 30-minute transaction figure. Given that Venmo previously charged 0.25 percent for such a move, many questioned why the sudden quadrupling was necessary, and often questioned vociferously.

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Pacing Payments  

Pacing Payments is a community designed to help you stay on top of critical developments in faster payments. This community features targeted interviews with industry leaders, updates on key initiatives, breaking industry reports, answers to critical questions, customized information, and more.

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Please Note: The information and views set out in this community are those of the author(s) and do not necessarily reflect the official opinion of NACHA, The Federal Reserve or The Clearing House. Where appropriate, NEACH has obtained permission to post on behalf of the represented institutions and bodies. Neither NEACH, the aforementioned institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein.