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There’s a lot of talk about accelerating payments today, and it can be confusing. In addition to NACHA’s Same Day ACH initiative, a new real-time payments network (RTP) is on the scene, and the Federal Reserve is evaluating faster payments processes. What’s the difference?

More Same Day ACH rules are coming down the pike, beginning this fall. Like the previous set of Same Day ACH rules, the next batch will be introduced in three phases. Here’s what you need to know.

Same-Day ACH is expanding! NACHA approved three new rules and will begin implementing those rules next year.