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Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... more
The post ACH Network sees record growth in 2020 to 26.8 billion payments appeared first on Payments Cards & Mobile.
The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... more
The post ACH Network volume increases 9% in Q3 as payments volume rebounds appeared first on Payments Cards & Mobile.
NACHA has released its Top 50 rankings of originators and receivers of ACH payments for 2018. The Top 50 originating financial institutions accounted for volume of more than 19.7 billion... more
The post The top 50 ACH receivers and originators by volume in 2018 appeared first on Payments Cards & Mobile.
In today’s on-demand world, we expect to be able to spend, move and receive money instantly. For this reason, real-time payments (RTP), also known as ‘faster payments’ or ‘instant payments’,... more
SARB, South Africa’s central bank has revealed astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement, SARB said it completed a 14-week... more
The post South Africa’s Central Bank says Blockchain payment trial successful appeared first on Payments Cards & Mobile.