Everything You Need to Know About ISO 20022 – Fintech News

The need for faster payment systems is growing by the day. Studies by the Clearing House (THC) discuss how real-time disbursements accounted for nearly 17% of all disbursements made in 2021, up from just 5.7% in 2020. The same study…

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When Will FedNow Be Available?

Digital and mobile payments are here to stay. A McKinsey study shows that every 4 out of 5 Americans has used some form of digital payments in 2021. As with all other human inventions and the need for speed, this…

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What is FedNow, and How Does it Help You?

To say that we expect a spike in the adoption of real-time payments in the future, is a gross understatement. Latest studies show that the U.S. real-time payments market is expected to grow at a staggering 30.4% compound annual growth…

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5 Latest Developments in ACH Payment Gateway Tech

Businesses and individuals across the country rely on ACH payment gateway providers for their financial transactions. Faster processing and support via complementary tech have fueled the growth of ACH adoption in the last few years. Official Nacha stats show that…

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Important Check 21 Return Codes (With Details)

“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller says. “Here’s what print and what code?” you respond, completely confused. Don’t worry, we have all been…

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How to Collect Real Estate Fees Online

Gone are the times when brokers collected the real estate fees in cash or checks. Most transactions now happen via the internet. However, even while paying the fees online, consumers can choose to via multiple modes. In this guide, we…

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Why Should Banks Offer ACH Payment Method

All major financial institutions and banks now offer the ACH payment method to their customers. These methods help the customers automate their EMI and bill payments seamlessly. If you are a bank, lender, or financial institution owner, you educate yourself…

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Nilson Report: iCheckGateway ACH Payments for CNP Merchants

iCheckGateway ACH Payments for CNP Merchants Card-not-present merchants in the U.S. can offer an automated account-to-account payment acceptance method through a hosted service available from iCheckGateway. Buyers enter their bank routing number and account number to make payments, which are…

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How to Set Up ACH for Payment Processing in 10 Steps

If you just googled “How to set up ACH solutions” to look for a comprehensive guide, you are in the right place! This mini-guide will help you set up ACH technology for yourself or your business to process payments at…

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Complete List of ACH Notification of Change (NOC) Codes

“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore, this time I got your back. Here's an ACH Notification of Change (NOC). Be more careful the next time around.” This is basically…

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