The good thing is that there are efforts to improve ACH. For example the UK already has "Faster Payments"[0]. In the US the Federal Reserve has a task force[1

The good thing is that there are efforts to improve ACH. For example the UK already has "Faster Payments"[0]. In the US the Federal Reserve has a task force[1] going to implement fast pay. Sadly it will be a while before the US gets it as they are still in the planning stages for the system. The completed spec is expected by the end of 2016, so we probably won't see it implemented until 2018. To add, the US is so complicated because we have so many friggin banks. Many countries there are only a few banks the service the nation, while the US has something like 14,000 different banks. [0] https://en.wikipedia.org/wiki/Faster_Payments_Service https://en.wikipedia.org/wiki/Faster_Payments_Service [1] https://fedpaymentsimprovement.org/get-involved/faster-payments-task-force/ https://fedpaymentsimprovement.org/get-involved/faster-payme...