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

  • Why ‘Explainable AI’ is the Next Frontier in Financial Crime Fighting — Banking Exchange

    With new technologies like faster payments taking hold, the explosion of readily-available data, and the ever-changing regulatory landscape, staying ahead of financial crime and compliance risk has become more complex and expensive than ever before. As these trends show no sign of abating, the compliance operations and monitoring staff of a financial institution often find themselves a major cost center.
  • Is JPMCoin A Serious Threat To Ripple? — Forbes.com

    On February 14, the giant bank J.P. Morgan announced plans to issue its own digital “coin," to run on its in-house Quorum blockchain. The coin will be pegged 1:1 to the U.S. dollar, with J.P. Morgan using the considerable heft of its balance sheet to guarantee the peg, so will not suffer the wild fluctuations in value that can make cryptocurrencies unreliable for payments. It is thus what in the crypto world is known as a “stablecoin,” not a cryptocurrency – a digital token that represents a fiat currency.
  • As Dollars Flow into Faster Payments, Doors Open for Criminals — Payments Source

    Many countries around the world are at various stages of implementing real time payments, and challenges still remain. In early October, Federal Reserve Gov. Lael Brainard outlined the U.S. central bank’s commitment to addressing current systematic issues limiting the growth of RTP. Summing up the challenge faced in markets around the world, she said that “faster payment innovations are striving to keep up with this demand, but gaps in the underlying infrastructure pose challenges associated with safety, efficiency and accessibility.”

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 5 days ago

 View Only

 

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.