Are you planning to attend NACHA Payments 2010 in Seattle April 25-28? If so, let us know. Glenbrook will be there. Erin McCune and Russ Jones are speaking on the emerging world of social payments and the B2B cash payment challenges. Carol Coye Benson and Jay DeWitt will be meeting with vendors and industry leaders. [...]
Glenbrook’s Erin McCune is in Orlando for BAI’s Payments Connect conference.
At its Payments Connect conference BAI assembled a dream ACH panel, consisting of:
Jan Estep, CEO NACHA
Rich Oliver, EVP Retail Product Manager, Federal Reserve
Rossana Salaris, SVP, Payments Products, The Clearing House
Stephanie Sturgis-Griffin, CEO Pariter Solutions
The session was moderated by Fred Brothers of eCom Advisors.
On stage yesterday [...]
Glenbrook launched this Payments Views blog back in February as a place to debate and discuss the Payments News of the day. We’re thrilled with your participation in the comments and pleased with the steadily climbing traffic. Looking back over the past year, seven popular topics and recurring themes stand out:
Erin McCune and I attended the Association for Finance Professionals conference in San Francisco on Monday and Tuesday. With 4,000 plus “practitioners” and vendors there, and a robust Payments Track, there was a lot of food for thought. A standout session was “Same Day ACH” with Rich Oliver of the Fed (and the [...]
I’m in Baltimore attending the NACHA Council mega-meeting. This morning Aneesh Chopra, the Federal Government’s CTO (officially, director of technology for the President’s Office of Science and Technology) was the Keynote Speaker. He took a few minutes to warm up, but by the end he had the whole room of bankers, financial technology providers, regional [...]
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 change both redefines what an International transaction is and creates a new [...]
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 sizes, financial software companies, and payment service providers. The new rules have [...]
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 presented to TAWPI’s Payments Capture and Clearing (PCC) Council [...]
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 good reason. The ACH is the sleeping [...]
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 – Bring Your Own Network!)
Follow more of [...]
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 EDI-formatted addenda records were transmitted across the ACH Network in 2008, a 14.6 percent [...]
It’s springtime, and annual payments statistics are starting to bloom. A good time, perhaps, to consider the state of business-to-business (B2B) payments. NACHA recently released figures showing that ACH CTX transactions grew by 15% in the fourth quarter, compared to the previous year. Earlier, Visa disclosed that their fourth quarter commercial volume [...]
by Jim Salters
Glenbrook’s Allen Weinberg and Jim Salters are attending this week’s Payments 2008 conference in Las Vegas. Here’s Jim’s report on the day one general session.
Glenbrook’s Allen Weinberg is attending this week’s Payments 2008 conference in Las Vegas. Here’s Allen’s first report from today’s sessions.
This year’s NACHA Payment conference offered an incredible array of sessions, making the choices difficult indeed. In fact, most time slots offered 12, yes 12, concurrent sessions, of which at least 4 or [...]
I spoke last week with Elliott McEntee, President and CEO of NACHA about two current issues – NACHA’s reaction to “de-coupled debits” and the progress of the Secure Vault Payments program.
Decoupled Debit – Background
Decoupled debit programs, announced by both Capital One and HSBC (as issuers) and Tempo (as a processor) take a normal debit card, [...]