Upload ACH files in seconds or builds recurring templates so routine transactions fire off on schedule — no manual keystrokes required.

The Automated Clearing House (ACH) is an electronic funds-transfer system run by the former National Automated Clearing House Association (NACHA), now known as Nacha.

But as FedNow gains adoption among banks and credit unions, it’s worth taking time to note how the two payment options differ, and when you might find yourself using FedNow.

FedNow vs. ACH FedNow Consumers with access to FedNow are able to send and receive money instantly. Maximum transaction limit is $500,000 a day. FedNow is a pilot program at 564 financial ...

Greg MacSweeney, a spokesperson for private sector ACH operator The Clearing House, confirmed to The Hill that there was a “processing issue” with a single ACH file affecting less than 1% of ...

Greg MacSweeney, a spokesperson for private sector ACH operator The Clearing House, confirmed to The Hill that there was a “processing issue” with a single ACH file affecting less than 1% of ...