At Glenbrook, we're fascinated by the topics of mobile payments (in general); the potential for new ACH applications; and the continued growth of eCommerce. So it was great to talk to Conrad Sheehan, CEO of mobile payment startup mPayy - who has moved his company...
The new International ACH format, IAT, goes into effect today. IAT is the single biggest change to the ACH network in decades. It affects all International ACH transactions that flow through the US ACH network, regardless of currency or country. The NACHA rule...
In just 30 days, on September 18th, the new International ACH format – IAT – and accompanying NACHA rule changes go into effect. This is the most significant change to the ACH network in decades, affecting corporate payment initiators, financial institutions of all...
Editor’s Note: This is one of a pair of ACH commentaries that we are publishing today on Payments Views. Be sure to also read Carol Coye Benson’s post “ACH: Big Questions for the Biggest Network” based on her recent interview with NACHA CEO Jan Estep. I recently...
Editor’s Note: This is one of a pair of ACH commentaries that we are publishing today on Payments Views. Be sure to also read Erin McCune’s post “The Future of ACH.” There is a tremendous focus on the ACH network right now within the payments industry – and with...
Many of us in the United States who follow the continuing evolution of the ACH network have been interested in the United Kingdom’s “Faster Payments” initiative. FP just hit the one-year-since-launch milestone. I spoke with David McFarlane, Company Manager, CHAPS...
I was Twittering away throughout the conference (full archive of conference related Twitter posts here) thus neglecting coverage here at Payments Views. So here are some belated highlights, observations, and recurring themes from last week's NACHA Payments 2009...
Heidi Miller, CEO JPMorgan Treasury & Securities Services, didn't pull any punches this morning when she addressed the NACHA Payments 2009 conference. The financial crisis - and resulting economic uncertainty - is just one of the real dangers to the ACH network...
Erin tweets from NACHA's Payments 2009 in Orlando that attendance this year is about 2,000 - down about 1,000 from last year's turnout. She's also wondering what happened to the Wi-Fi in the Payments 2009 conference venue - it's missing in action! (BYON is my motto...
My colleague Bryan Derman and I are in Orlando for NACHA's Payments 2009 conference. Just heading off to bed, but thought I'd do a quick post to share some B2B stats that were just released: Business-to-Business (B2B) Payments/Financial EDI More than 1 billion...
