Pacing Payments

.
.

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. 

Log-in to learn more.

 

    

  

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

  • Same-Day ACH Use Escalates; New Options Emerge---Credit Union Times

    Growth in the use of same-day ACH is putting it on pace to hit 120 million debit and credit transactions a year, according to new data from NACHA – the Electronic Payments Association. In 2017, there were 75.1 same-day ACH transactions totaling $87.1 billion, an average $1,161 per payment. December’s 15.2 million transactions represented a 51% increase over November, indicating widespread interest in the payment method, NACHA said.
  • Report: Banks, Fintech Could Gel Better in 2018--Mobile Payments Industry

    The convergence of mobile platforms, APIs, machine learning and faster payments systems will require an unprecedented level of cooperation between payments industry participants, according to 2018 Outlook: Payments, a free report from Mercator Advisory Group. "Fintechs should still be considered disrupters, but it has become clear that fintechs still need traditional financial institutions in order to reach scale," Aaron McPherson, vice president of research operations at Mercator, said in a press release."
  • Battle of P2P Services: Venmo or Zelle--Bank Innovation

    Owe someone money, rent to pay, bills to split? What is the favored P2P method – the bank-backed Zelleapp? Or social platform p2p service, Venmo? In a poll conducted by Bank Innovation via Twitter, respondents said they preferred Venmo. Among those surveyed, 57% said they prefer using the PayPal owned Venmo to make p2p payments, while 43% said they prefer Zelle. Square Cash (now with more bitcoin!) was not part of the survey.  Zelle is referred to by many in the industry as the banks’ response to the growing popularity of Venmo.

Explore the Full Pacing Payments Community

1 total

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.

  last person joined 3 hours ago

 

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.