ORLANDO, Fla. — Real-time payment settlement is alreadyhappening. Just not in the United States.

That was the startling message delivered in a pair of panelsTuesday at the NACHA Payments 2014 conference, one on global ACH,the other a NACHA press conference on its proposal for what itcalls real-time ACH in the U.S.

The backdrop to NACHA's push is that the U.S. is not number onein this, said global ACH presenter Rene Pelegero, managing directorof RPGC Group, a consultancy in Woodinville, Wash.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.