Competition from faster payments pushed the automated clearing house to introduce same-day processing, but now the ACH may well turn the tables, says Sarah Grotta. It has been a year since same-day ACH (SDA) credits and debits have been available in the United States. Here’s a quick refresher of SDA …

Grubhub, an online and mobile food-ordering marketplace, closed on its previously announced acquisition of LevelUp, a mobile-payments and -promotions platform, for $390 million in cash. Dream Payments, a digital-payments platform provider, released an application programming interface that allows insurers to link to the Dream Payments Hub as well as Mastercard …

The Federal Reserve Board said Thursday that it is seeking comments about its proposal to adopt the ISO 20022 messaging format for the Fedwire Funds Service. If approved, the format would replace the Fedwire’s current, proprietary messaging system. ISO 20022 enables payment providers to add more detailed instructions and other …

Bill.com announced that, at more than $52 billion, it has surpassed the $50-billion mark in bill payments processed annually for more than 3 million small-business clients. Prepaid specialist Incomm announced it is working with CheckFreePay Corp., a unit of Fiserv Inc., on a cash-based bill-payment service in store checkout lanes. …

Payment volume through biller-direct Web sites continues to grow at the expense of bank bill-pay sites, according to new findings from Boston-based Aite Group LLC. Some 73% of the online bill payments made by consumers in 2016 went through biller-direct sites, up from 62% in 2010, according to Aite. Meanwhile, …

Long outclassed by nimble tech players, financial institutions are finally scoring points in the P2P payments game with the rapidly growing Zelle network. But nobody’s conceding defeat in this much-coveted market. Keeping track of the players in peer-to-peer payments is like following an ensemble cast—a playbill is needed to identify …

The U.S. is finally moving toward faster and more secure payments, but the process is far more deliberate than it needs to be. Look at Australia for an example of how it could be done better. Observers of the U.S. payments industry can be forgiven for wondering—in the wake of …

Can any of the largest crypto coins evolve into an everyday payment instrument? Here’s what it will take to make that happen. One year ago, there were two digital currencies whose total coins in circulation were worth more than $1 billion. They were Bitcoin, at $19 billion, and Ethereum, at …

Interest among mainstream financial institutions and payments providers in the potential for cryptocurrency is heating up just as the top U.S. financial regulator is reportedly eyeing a crackdown on so-called initial coin offerings, or token sales used by digital-currency startups to raise capital. In the latest sign that processors and …

Payments provider CCBill LLC completed an integration with DatingPro, which provides software for dating sites. NationPay, a blockchain-based payments startup, announced its launch. Twenty app markets, including Apple’s App Store and Alphabet’s Google Play, are still hosting 661 Bitcoin apps blacklisted by cybersecurity vendors because hackers use them to attempt …