Podcasts about same day ach

Glen speaks with Nacha's Stephanie Prebish and Devon Marsh about the upcoming Smarter Faster Payments conference in New Orleans, as well as Same Day ACH's remarkable sustained growth and the rising tide that lifts all riverboats. Also- First reflections on Americas Credit Unions' leadership change, and… No Tariff Talk!    Links related to this episode:   Smarter, Faster Payments in New Orleans April 27-30: https://payments.nacha.org/   Year-End 2024 ACH growth stats: https://www.nacha.org/news/same-day-ach-passes-major-milestone-2024-ach-network-shows-higher-growth   The CU Daily's coverage of Americas Credit Unions' CEO Jim Nussle's plan to retire: https://thecudaily.com/americas-credit-unions-ceo-jim-nussle-announces-plans-to-retire/    Glen's blog on the recent Executive Order phasing out paper checks to/from the federal government: https://www.big-fintech.com/executive-order-to-eliminate-checks-isnt-worth-the-paper-its-printed-on/     Join us for our next CU Town Hall- Wednesday April 9 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This session will focus on the FDIC's recent move to relax restrictions on banks' crypto activities. The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Join us on Bluesky!  @bigfintech.bsky.social;  @154advisors.bsky.social (Glen); @jbfintech.bsky.social (John) And connect on LinkedIn for insights like the Friday Fintech Five: https://www.linkedin.com/company/best-innovation-group/  https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Glen quizzes John about his initiative leveraging social media app BlueSky's open source architecture to create a moderated, inclusive platform for credit union dialogue and experimentation. Also- threading the needle at the Governmental Affairs Conference.        Links related to this episode:   BlueSky: https://bsky.app/notifications Our Bluesky accounts to follow: @bigfintech.bsky.social  @154advisors.bsky.social (Glen) @jbfintech.bsky.social (John) The AT Protocol used by BlueSky: https://en.wikipedia.org/wiki/AT_Protocol Glen's blog on official 2024 volumes for RTP, FedNow and Same Day ACH: https://www.big-fintech.com/Media?p=zelle-hits-a-trillion-same-day-ach-says-hold-my-beer   Join us for our next CU Town Hall- Wednesday March 12 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This session will focus on the key takeaways from the Governmental Affairs Conference.  The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Signing up for the Town Hall also earns you a card for our Bingo game tracking 2025 industry predictions.  Find out more here: https://www.big-fintech.com/Media?p=did-you-have-that-one-on-your-bingo-card Follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Glen speaks with DePaul University professor and financial innovation expert Lamont Black about his recent work on a blockchain-based secondary loan market to unlock credit union liquidity and reduce costs. Also- Chase tries to keep Zelle in the “friends and family,” and 2024 payment stats beg the question “how fast is fast enough?”   Links related to this episode:   Wide Open Ventures: https://www.linkedin.com/company/wideopenventures/posts/ The Filene Research Institute's report on Loan NFT (Executive Summary): https://www.filene.org/reports/introducing-loannft-a-blockchain-solution-for-the-secondary-loan-market Lamont Black: https://lamontblack.com/ Glen's blog on official 2024 volumes for RTP, FedNow and Same Day ACH: https://www.big-fintech.com/Media?p=zelle-hits-a-trillion-same-day-ach-says-hold-my-beer   Join us for our next CU Town Hall- Wednesday February 26 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This week we'll be "pre-gaming" for GAC- even if you won't be attending the largest annual credit union conference, we'll crowdsource the burning issues you're most interested in and serve as your onsite "eyes and ears" for these topics.  The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Signing up for the Town Hall also earns you a card for our Bingo game tracking 2025 industry predictions.  Find out more here: https://www.big-fintech.com/Media?p=did-you-have-that-one-on-your-bingo-card Follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

The largest payments network, by volume, is the ACH network. A dollar value of several times US GDP flows through the network each quarter. It is a 50-year-old network that is reliable, ubiquitous, and still growing. While several shiny new payment rails have been developed, the workhorse of the economy remains ACH and will remain so for some time.My next guest on the Fintech One-on-One podcast is Jane Larimer, the President and CEO of Nacha, the organization that governs the ACH network. While I often feature people on this show to talk about cool and emerging technology, I also think it is critical that we understand the infrastructure that is in place today. And the ACH network is how the vast majority of payments are made.In this podcast you will learn:The origin story of the ACH network.The first use case for the network.How they moved from paper checks to electronic payments.The mission of Nacha.Why some banks become direct members of Nacha.The staggering scale of the payments flowing through the ACH network.How the timing works for payments on the ACH network.Why the ACH network is unable to process payments on weekends (but that may be changing)Jane's perspective on instant payments and why she believes it is complementary to ACH.The cost difference between Same Day ACH and standard ACH.The big barrier to the adoption of any alternative payment rails.How fraud has changed in the past decade.Details of the education available on their website.How Jane see the future of payments playing out over the next decade.Connect with Jane on LinkedInConnect with Nacha on LinkedInConnect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

The largest payments network, by volume, is the ACH network. A dollar value of several times US GDP flows through the network each quarter. It is a 50-year-old network that is reliable, ubiquitous, and still growing. While several shiny new payment rails have been developed, the workhorse of the economy remains ACH and will remain so for some time.My next guest on the Fintech One-on-One podcast is Jane Larimer, the President and CEO of Nacha, the organization that governs the ACH network. While I often feature people on this show to talk about cool and emerging technology, I also think it is critical that we understand the infrastructure that is in place today. And the ACH network is how the vast majority of payments are made.In this podcast you will learn:The origin story of the ACH network.The first use case for the network.How they moved from paper checks to electronic payments.The mission of Nacha.Why some banks become direct members of Nacha.The staggering scale of the payments flowing through the ACH network.How the timing works for payments on the ACH network.Why the ACH network is unable to process payments on weekends (but that may be changing)Jane's perspective on instant payments and why she believes it is complementary to ACH.The cost difference between Same Day ACH and standard ACH.The big barrier to the adoption of any alternative payment rails.How fraud has changed in the past decade.Details of the education available on their website.How Jane see the future of payments playing out over the next decade.Connect with Jane on LinkedInConnect with Nacha on LinkedInConnect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes

Who is Nacha? Michael Herd, SVP of ACH Network Administration at Nacha Join The Payments Professor, Kevin Olsen, for an insightful conversation with Michael Herd, SVP of ACH Network Administration at Nacha. Michael shares his fascinating journey from communications professional to payments expert, revealing his passion for the industry and its impact on everyday lives. Key Takeaways: • Learning from the Ground Up: Michael entered the payments industry without prior experience, highlighting the importance of continuous learning and adaptability. • A Network of Rules: Michael emphasizes the role of rules in ensuring the smooth operation and interoperability of the ACH network. • Open and Transparent Rulemaking: Nacha's rulemaking process involves extensive public input, leading to industry consensus and broad acceptance. • Education and Resources: Nacha offers a range of educational programs, conferences, and certifications to empower individuals and organizations in the payments space. • Same Day ACH: A Growth Engine: Michael discusses the significant adoption and expansion of Same Day ACH, highlighting its impact on various use cases. • Internet Initiated Payments & Bill Payments: Michael acknowledges the critical role of Internet-based payments, particularly in driving the decline of check usage and facilitating online bill payments. Highlights: • Michael's career shift from communications to payments administration. • The role of Nacha in setting and enforcing rules for the ACH network. • The importance of open and transparent rulemaking. • Nacha's educational offerings and certifications. • The success of Same Day ACH and its impact on various use cases. • The decline of paper checks and the rise of digital bill payments. Who Should Listen: • This podcast episode is valuable for anyone interested in payments industry, including: o Financial professionals: Gain insights into the ACH network and its operations. o Business owners: Learn how to use ACH payments effectively for your business. o Consumers: Understand how your daily payments are processed. o Anyone interested in technology and innovation: Discover the latest advancements in payments technology. Get Ready to: • Learn about the ACH network and its role in the payments industry. • Gain valuable insights from a leading expert in the field. • Discover the latest trends and innovations in payments technology. • Improve your understanding of how your daily payments are processed. Tune in to The Payments Podium to hear the full conversation with Michael Herd and learn more about the fascinating world of payments!

This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio. In this episode the host John Siracusa chats remotely with Stephany Kirkpatrick,  Co-founder & CEO at Orum.  Orum provides an API integration for fast, reliable payments. A solution to access RTP, ACH, Same Day ACH, and more. We're off until Sept14th.   Subscribe now on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio and get notified when we release our next episode on September 14th! About the host: John is the founder of ListenDeck a full-service podcast and video production company, which has produced over 1000 episodes of various podcasts. He is the host of the ‘Bank On It' podcast, which features over 500 episodes starring high profile fintech leaders and entrepreneurs. Follow John on LinkedIn, Twitter, Medium

Miguel Armaza sits down with Stephany Kirkpatrick, Founder/CEO of Orum, a fintech company that's built a single API to enable US real-time and fast payments across RTP, FedNow, Same Day ACH, Wires, and more.Launched in 2020, Orum has raised over $80 million from great fintech investors including Inspired Capital, Bain Capital Ventures, Clocktower, Acrew, Primary, and Accel.In this episode, we discuss:The future of real-time payments in the US and how Orum is helping increase adoption for small and mid-sized banksWhy the risks posed by new technologies should not deter technological innovationLessons learned from building an enterprise sales organizationAsking for help and why founders should create a personal 9-1-1 call list… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join almost 60,000 readers and listeners worldwide!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

Welcome to the Tearsheet Podcast. I'm Tearsheet's editor in chief, Zack Miller. What I continue to find interesting is that the fintech tech stack peels away like an onion. Even the innovators have 3rd party innovation under the hood. Joining me on the podcast today is Tim Astanov, SVP, Product Commercialization & Partnerships at TabaPay. TabaPay is one of those companies that power payments for the fintech innovators, like SoFi, Remitly, Melio, and others. It offers direct access to 15 banking partners, 14 networks, multiple geographies, products and features in a unified API. Tim has an awesome background – previous to his current position, he was head of P2P in North America for Visa Direct and had important roles at Discover and Amex. We talk about the challenges and opportunities moving money in and out of bank accounts. Tim shares his views on the impact real time payments will have on the industry and its monetization efforts. Lastly we look to some of the biggest trends in the industry as a north star pointing where things are headed. Tim Astanov is my guest today on the Tearsheet Podcast.

In the US, fast payments discussions have centered around person-to-person, business-to-business, bill payment, and digital wallet funding in/out scenarios. In 2022, RTP® processed $72B, the majority of this volume communing from PayPal and Venmo funding activity. Zelle has reached a highly respectable $629B in person-to-person payments, traversing into “person-to-sole proprietor” territory. ACH, the workhorse of bulk payments is, as we say “hotter than ever” with Same Day ACH seeing an 86% year-over-year increase growing from $943B to $1.758B annual volume. But what about consumer-to-business purchases? Is there an opportunity for the US to see momentum in open banking and fast payments move into the commerce domain as they are in India, Brazil, and other countries? What will it take - and are we ready - to “pay by bank”? Yvette Bohanan welcomes Eric Shoykhet, CEO & Co-Founder of Link Financial Technologies, to this episode to share his thoughts on the topic.

What is Same Day ACH? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer's Managing Partner, Craig Jeffery, to chat about Same Day ACH. They discuss use cases for ACH, restrictions, and why Same Day ACH is not the standard. Listen in and learn a little bit about Same Day ACH.

[1:10] Is there ETA on debits for Real Time Payments or Fednow? [2:13] Some financial institutions charge for Same Day ACH, but do they charge their account holders for RTP payments and for the coming FedNow payments or is it a free service? [5:00] What potential for fraud do you need to be aware of? [9:16] If an ACH is received through a service provider, do financial institutions need to contact Fed if interested in FedNow? [10:15] Can funds be accessed with both direct connection and via service provider? [10:47] What type of payment processing system is peer-to-peer (P2P) payments considered? [13:38] Do Real Time Payments move through the traditional rails? [14:18] How are accounts linked for transfer on RTP and FedNow? In this week's episode Shelly Sipple with EPCOR answers some common questions from her webinar tilted Emerging Payments: Embracing Same Day ACH, RTP & FedNow. Register and learn more here: https://fin-ed.info/3Jw96zN Podcast listeners can also use coupon code EMERGINGPAYMENTS for 10% off this timely webinar. This coupon is valid through February 2022. Check out these links for more info! Webinar Registration: https://fin-ed.info/3Jw96zN Speaker's Website: https://www.epcor.org/wcm/About_Us/wcm/about/about_us.aspx Questions? support@cuwebtraining.com Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

In this HCI Podcast episode, Dr. Jonathan H. Westover talks with Jim Colassano and Eric Wade about how companies are adopting on-demand payroll practices to attract and retain talent. See the video here: https://youtu.be/ku5hbiArpq4. Jim Colassano (https://www.linkedin.com/in/james-colassano-8466096/) is senior vice president of product development and strategy at The Clearing House. Mr. Colassano has more than 25 years of experience in all facets of the Payments and Cash Management business. He joined The Clearing House in 2016 as a Senior Vice President in the Product Development and Strategy group, where he is focused on product strategy and bank readiness for TCH's new real time payments system. In this role he works closely with TCH owner banks on opportunities and applications to address business related payment problems, and identify strategic priorities for this new payments infrastructure. Before joining The Clearing House, Jim spent 10 years with HSBC as a Product Executive in their Payments and Cash Management group. During that period he served as the Global Product Head for their Payables business which had responsibility for faster payments initiatives as well as cash, check and ACH payment products worldwide. Before joining HSBC, he spent 15 years with JPMorgan Chase in a variety of cash and treasury management roles. Mr. Colassano holds Masters Degrees in Banking and Finance from Pace University. Eric Wade (https://www.linkedin.com/in/eric-wade-cpp-a2111662/) is a Product Manager at Paychex, a recognized leader in the payroll, human resource, and benefits outsourcing industry. Eric has worked at Paychex for over 28 years and in his current role, he is responsible for payment and tax related products. He has led the research and launch efforts at Paychex on multiple new products and payment strategies including being the first HCM company to offer Same Day ACH in 2016 and now Real-Time Payments in 2020. Paychex serves approximately 670,000 payroll clients, pays one out of every 12 American private-sector employees and moves over $700 billion in funds annually. Please consider supporting the podcast on Patreon and leaving a review wherever you listen to your podcasts! Go to cardiotabs.com/innovations and use code innovations to get a free Mental Health Pack featuring Cardiotabs Omega-3 Lemon Minis and Curcumin when you sign up for a subscription. Get 3 months of GUSTO free when you run your first payroll, at Gusto.com/HCI. Get up to 20% off by using code HCI for the summer sale at shop.Ekster.com/HCI. Check out the Ready for Takeoff podcast at Wix.com/readyfortakeoff. Check out Zapier.com/HCI to explore their business automations! Go to Swag.com/HCI and use promo code HCI10. Check out the HCI Academy: Courses, Micro-Credentials, and Certificates to Upskill and Reskill for the Future of Work! Check out the LinkedIn Alchemizing Human Capital Newsletter. Check out Dr. Westover's book, The Future Leader. Check out Dr. Westover's book, 'Bluer than Indigo' Leadership. Check out Dr. Westover's book, The Alchemy of Truly Remarkable Leadership. Check out the latest issue of the Human Capital Leadership magazine. Ranked #5 Workplace Podcast Ranked #6 Performance Management Podcast Ranked #7 HR Podcast Ranked #12 Talent Management Podcast Ranked in the Top 20 Personal Development and Self-Improvement Podcasts  Ranked in the Top 30 Leadership Podcasts Each HCI Podcast episode (Program, ID No. 592296) has been approved for 0.50 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Learn more about your ad choices. Visit megaphone.fm/adchoices

What is Same Day ACH? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer's Managing Partner, Craig Jeffery, to discuss Same Day ACH. They discuss what Same Day ACH is, how it can be leveraged, and how it is used today. Listen in and learn a little bit about Same Day ACH.

Fast payments will move the US payments market. But to get there, we need fintech to expose those capabilities. Zelle, the RTP Network, Same Day ACH, push to card, and eventually FedNow all need providers that connect up to those rails. For an enterprise or its software developers, a single integration to all sure would be easier. In this Payments on Fire® episode featuring Dwolla, you'll hear: A practitioner's view of how ACH and RTP differ and are being used? Why B2B digital payments are growing and what you need to know what's enabling that growth Learn what a provider must do to bring multiple payment systems to its enterprise customers. It isn't simple Take a listen to this conversation with Dwolla's Brady Harris and Adam Steenhard as they talk about realtime access to fast payments (and more) with Glenbrook's Elizabeth McQuerry and George Peabody. Come to the Payments on Fire® website for: Expanded show notes Video Podcast transcript The complete Payments on Fire® episode catalog The Glenbrook Education schedule

In this episode of the AP Now podcast, Nacha’s Rob Unger joins host Mary Schaeffer to discuss Same Day ACH and the innovations expected in the near future. In a very understandable manner, he began by explaining exactly what Same Day ACH is and how it differs from Classic ACH. He then shared some quite impressive Nacha statistics regarding the use of the ACH. He then went on to explain what we can expect in 2020, mainly the increase to $100,000 from the current limit of $25,000. He also discussed in some detail real-life examples of how Same Day ACH is being used in the corporate world today. Host: Mary Schaeffer (www.ap-now.com) Guest: Rob Unger (https://www.nacha.org/) Sponsor: Stampli (www.stampli.com/APNow) Credit: Music: https://www.purple-planet.com

A  Better Way, Please Last week I tried to connect my accounts at two different banks. Between account type mismatches (my bad), long account numbers, ACH micro-deposits, and balky websites, well, I’ll confess I put a check in the mail as a “quicker” way of overcoming the electronic barriers. Snail mail. Really? That situation, and many more where speed matters, is exactly why the world is turning to faster payment systems that allow the accountholder to push money from an account she controls to a recipient in near real-time. To eliminate entry, and sharing, of bank routing and recipient account numbers, today’s faster payments systems are often enhanced by a directory that maps the recipient’s name to a mobile number or email address. The director connects those to the underlying bank account. This is great stuff, especially for the United States where so many push payment methods exist based on closed loop or incumbent payment rails. The U.S. now has providers like Venmo using balance transfers and card rails (Visa Direct, Mastercard Send) to make realtime P2P transfers workable. NACHA has sped up the automated clearinghouse (ACH) system to run batches a few times a day to accomplish its Same Day ACH service. We have Zelle, the P2P service stood up by Early Warning Services,  that combines a directory with immediate funds transfer availability for the recipient and interbank settlement running over, yet again, an incumbent payment system, in this case the ACH. Every one of these approaches has merit and traction. New Rails, New Rules That said, the new realtime systems are growing here too. Built with modern software and messaging protocols, they promise to change how both end-user settlement and inter-bank settlement is accomplished. The first on the scene was the Real Time Payment (RTP) network from The Clearing House (TCH). Launched in 2017, the largest financial institutions and bank processors are integrating their core systems—the software that manages accountholder balances and transaction activity—to the RTP Network. And this summer, the Federal Reserve announced it will build and operate its own faster payments system called FedNow. Like TCH, the Fed has operated multiple payment systems and been the preferred operator for the nation’s smaller financial institutions. New Complexities Competitive pressures, market guidance, and regulation are what move the U.S. economy. The Federal Reserve provided plenty of guidance to encourage development and deployment of faster payment systems. THC’s RTP Network was among the first to respond. These new rails are a result of a multi-year effort by the Federal Reserve to shepherd the highly competitive U.S. payments industry toward the development of these faster payment systems. The RTP Network and FedNow are proof of its success and that of the Faster Payments Task Force, the group convened by the Fed to define the characteristics of the new approaches.  But there’s still a lot of work to do. Questions of governance, implementation, and more abound. Interoperability concerns are especially high. These are, after all, competitive systems. The New Organizing Principle - The US Faster Payments Council To keep the evolution of the U.S. faster payments moving forward, the US Faster Payments Council was formed. Many Task Force members have joined as members of the Council. The Council serves as an industry-led organization that supports collaboration across multiple areas including security, end user education, and interoperability. In other words, the Council will be herding some very big cats. The U.S. Faster Payments Barometer To support its education and collaboration efforts, the US Faster Payments Council is conducting a survey of industry views on faster payments advancements. A multi-year survey, to monitor the momentum and evolution of Faster Payments here in the U.S. market. The survey is designed to identify key criteria for market adoption, broadly gauge momentum for various use case applications, and seek to address challenges to be solved in order to have a well-established Faster Payments ecosystem. Take the Survey Talking Faster Payments In this Payments on Fire® episode, Faster Payments Council Executive Director Kim Ford discusses the Council’s work, the U.S. Faster Payments Barometer survey, and where we are today with Glenbrook’s Beth Horowitz Steel and Elizabeth McQuerry. Take a listen and take the survey. You’ll contribute to the Council’s education, planning, and prioritization work.

In this episode of the AP Now podcast, NACHA’s Rob Unger joins host Mary Schaeffer to discuss two recent innovations NACHA has put forth: The Corporate Directory and Same Day ACH. What’s more, he shares with the audience critical enhancement coming to Same Day ACH in early 2020. He begins by explaining the NACHA organization and the role it plays in the payment community. He then discusses, in some detail, the initiatives related to addressing the problems and headaches experienced by the business community. He explains the new approach they are taking trying to become a central source in helping with the new vendor verification process. This is of special concern to those with responsibility for onboarding new vendors. He also shared how the introduction of Same Day ACH was accepted by the business community and the big upcoming change. He indicated that at first acceptance was slow but that has changed and the year-to-year growth has been impressive, leading to the enhancements. Listen to this episode to get a sneak peek at what NACHA has in store for the business and banking community in 2020. Host: Mary Schaeffer (www.ap-now.com) Guest: Rob Unger (https://www.nacha.org/) Sponsor: Stampli (www.stampli.com/APNow) Credit: Music: https://www.purple-planet.com

A podcast that began as a chat about the adoption of Same Day ACH in the middle market turned into a thoughtful - and at times - spirited debate about who really holds the power in the B2B payments world.

A podcast that began as a chat about the adoption of Same Day ACH in the middle market turned into a thoughtful - and at times - spirited debate about who really holds the power in the B2B payments world.

When it debuted last year, Same Day ACH promised to make payments faster and more secure. So how's it doing?  In the latest episode of AFP Conversations, Michael Herd, Senior Managing Director, ACH Network Rules at NACHA, discussed the progress of the Same Day ACH program. Herd commented on how the initiative is going and its challenges, the future of Same Day ACH, and why treasury and finance professionals should take advantage of it. Download more AFP Conversations at AFPonline.org/conversations, or subscribe in your favorite podcast format so you never miss an episode! If you do subscribe, please leave a rating -- it helps other people find the show. And be sure to follow AFP on Twitter @AFPonline and at Facebook.com/AFPsocial. 

Sometimes a change in direction is the way forward. Network aspirant Dwolla has recently pivoted its work toward the product and development teams inside financial institutions. Instead of being a system operator, Dwolla now offers a broad set of APIs designed for those FIs to take advantage of the ACH’s overnight and Same Day ACH services. Dwolla’s shift also comes as the company and the US anticipates the impact of new immediate funds transfer systems Zelle, The Clearing House, and likely others. Take a listen to this conversation with Jordan Lampe, Dwolla’s Director of Communications and Policy Affairs, and Glenbrook's George Peabody as they discuss the Federal Reserve Faster Payments Payments Task Force Steering Committee, use cases for Same Day ACH, and more.

The November 15, 2016 episode of the Receivable Savvy podcast features Read More The post What You Should Know About Same Day ACH appeared first on Receivable Savvy.

Today, 23rd of September 2016 is a historic day in the Untied States in many ways. 40 years in the making, today marks the first day of what is being called Same Day ACH or SDA. Whilst it isn't instant settlement, it is progress nonetheless. I'm very pleased to have on our show Jordan Lampe who is the VP of Policy & Communication at Dwolla. Dwolla is payments related financial services company in Des Monies, Iowa. Dwolla also is one of the members of the Federal Reserve Task Force on Faster Payments initiative. The company already has a real-time mechanism for faster payments, aptly titled Fisync (as in Financial Sync) that enables real-time payment settlement amongst member banks.