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The first month of same-day ACH appears to have come in like a lion and gone out like a lamb.

Despite grumbling about fees and fraud concerns leading up to the Sept. 23 addition of two new same-day settlement windows for credits on the ACH network, the change has largely gone as expected, according to NACHA – The Electronic Payments Association. The ACH network is the backbone of the electronic payments system, and in the second quarter of 2016 it handled 5.05 billion transactions worth $10.9 trillion – a year-over-year increase of 5.6%, according to NACHA.

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Tina Orem


Credit Union Times

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