CBInsight; Online; October 2015
Today’s banking customers view immediacy not as the exception, but the rule. This is seen in the rapid adoption of mobile and Internet banking, remote capture and mobile payments.
The one place immediacy hits a brick wall? The clearing of payments, which can take from 24 hours to several days. To meet the demands of consumers nationwide, NACHA is making efforts to move money into the 21st century through the Same Day ACH Rule.