7 ms·

there is a lot of discussions and actions being made for intra-day settlements.

• logicalmind 12y ago
  Yep, here are the current details: https://www.nacha.org/news/nacha-leads-industry-toward-ubiquitous-same-day-ach-settlement https://www.nacha.org/news/nacha-leads-industry-toward-ubiqu...
  • BallinBige 12y ago
    IMO - this is the only way ACH can remain competitive with Card transactions. Intra-day settlements and returns
    • wiredfool 12y ago
      Speeding up returns will be a nice bonus, though there's still a long window for fraudulent returns that can really bite.
    • logicalmind 12y ago
      The whole payment space is getting really interesting in the last couple of years. Banks and retailers trying to work around credit card processing fees as they became larger part of their balance sheets.