NACHA—The Electronic Payments Association®, the steward of the ACH Network, has announced the launch of Same Day ACH for debit payments. Same Day ACH is a faster payments option that reaches all U.S. bank accounts and enables businesses and consumers to send and receive payments and payment-related information on the same day through the ACH Network.
Details
The Single European Payments Area (SEPA) has revolutionized the world of the European payments market and made the entire process much smoother and less risk-oriented. The transfer of payments can be an extremely challenging task at times, especially if there are a lot of currencies involved.
Details
Since its founding in the 1970s, SWIFT Code technology has fundamentally changed the banking industry and is now the gold standard for international transactions. Millions of international payments are sent using this system, bringing immediate benefits to financial institutions and their customers worldwide.
Details
In Nevada, the Department of Employment, Training and Rehabilitation seeks comments on a proposed amendment to the administrative code that would require all employers to electronically file unemployment insurance contribution and wage reports, effective July 1, 2018. If the amendment is adopted, Nevada would join 19 states that require electronic filing for unemployment insurance for employers in 2018.
Details