Innovating Payments

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Welcome to Innovating Payments!

A resource designed to aid our members in staying on top of critical developments in faster payments. 

Created exclusively for NEACH members, Innovating 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

  • E-Complish Partners With Plaid for Real-Time Bank Account and Balance Verification — PR Newswire

    NEW YORK, March 1, 2021 /PRNewswire/ -- E-Complish, a provider of custom payment processing solutions, has teamed up with data network Plaid, a data network powering the digital financial ecosystem to streamline the ACH payments processing flow for E-Complish customers. The partnership will allow E-Complish customers to verify that a consumer's bank accounts are active and have an acceptable balance in real-time. With Plaid's technology, E-Complish customers can enable their end-users to seamlessly and securely access their account information in compliance with NACHA guidelines.
  • Facebook-backed Diem has cleared regulatory hurdles to finally launch in Q1 — Business Insider

    Facebook's digital currency project,  formerly known as Libra, plans to launch a US dollar-backed stablecoin around the end of this quarter, per Coindesk. It will be issued via a blockchain-based payment system governed by the Diem Association, which last touted it would launch in January 2021, per TechCrunch.
  • Jack Henry and Associates Onboards More Financial Institutions for Real-Time Payments

    Today Jack Henry and Associates announced that they have connected 90+ financial institutions to their real-time payment network and Zelle. Jack Henry & Associates, Inc, a leading provider of technology solutions and payment processing services primarily for the financial services industry, has confirmed that its faster payments hub, JHA PayCenterTM, is home to 93 financial institutions. More than 170 banks and credit unions are contracted in total to leverage JHA PayCenter to connect to the RTP® network of The Clearing House and/or Zelle Network® of Early Warning Services. The clients of Jack Henry represent most of ...

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Innovating 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.