For NACHA's Same Day ACH, The Debit Debut
In payments, some rollouts come with fanfare. Apple comes to mind. Fitness watches are a recent entrant of pageantry.
For NACHA, there's a rollout of a different sort, with far-reaching impact on how, who and when consumers and enterprises see funds flow. No confabs here, or webcasts with smoke and mirrors and rock music. Think of it as a quiet sea change amid the financial landscape.
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CLEARR And CHOICE On The Hill, But Not On Payments Regs
Lest you think the words above are incongruous, consider they're all connected by a spate of legislation looming large on Capitol Hill, with the potential to impact everything from banking firms to payday lenders to the Consumer Financial Protection Bureau (CFPB).
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SWIFT Has 22 Global Banks Join Its Blockchain Proof Of Concept Initiative
SWIFT has announced news that 22 global banks recently joined its blockchain proof of concept (PoC) initiative, which is part of the company's global payments innovation (gpi) service aimed to "re-arm the correspondent banking system for a new age of technological disruption."
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