The automated clearing house payments have multiplied to overtake paper checks as the most popular form of business-to-business payments, according to a new Federal Reserve report.
In a Thursday (Oct. 16) press release, Nacha said B2B volume reached nearly 2.1 billion payments in the third quarter, with a total value of $16 trillion, up 8.8% from a year earlier. B2B accounted ...
Outsourced check disbursement lets a firm initiate checks from its trust account alongside ACH payments in a single disbursement run. Disbo prints and mails the checks, tracks delivery, and records ...
The automated clearing house network is maturing, bringing slower growth rates and probably slowing fee revenue. Payments executives say businesses are trying to reduce their costs by shifting more ...
Eliminating checks from corporate payments will take many more years, but Nacha’s latest data suggests the B2B category is playing a key role in Same Day ACH's growth. Same-Day ACH B2B payments ...
The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...
In an era where financial fraud is both sophisticated and relentless, businesses need tools that do more than react. With 21 percent of businesses falling victim to payment fraud, equally ...
A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax ...
Southside Bank’s Positive Pay helps businesses prevent ACH and check fraud with real-time protection
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business fraud is relentless. Scammers have learned how to ...
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