7/1/2021 11:23:13 PM Orum raises $56m to help speed up interbank transfers By FinTech Collective New York based data platform for real-time payments raised $56m in Series B funding led by Accel and Canapi Ventures.
2/25/2021 2:38:11 PM The Fed’s system that allows banks to send money back and forth went down for several hours By Sarah Wolter The “operational error,” as the Fed described it, impacted multiple services, including its pivotal automated clearinghouse system, which...
10/7/2020 8:40:07 PM Nivelo raises $2.5m in Seed funding By Sarah Wolter New York based payments fraud and cybersecurity monitoring startup raised $2.5m in Seed funding led by FirstMark Capital, Barclays and...
9/4/2020 7:28:24 AM Colombia using instant payments to drive financial inclusion amid the pandemic By Carlos Alonso Torras Portfolio company Minka partnered with ACH Colombia, the country’s bank-owned ACH operator, to launch Transfiya at the end of 2019....
7/30/2020 11:58:46 PM Instant payments in Colombia: Transfiya transfers multiply By Carlos Alonso Torras Spearheaded by portfolio company Minka, Transfiya, a new system system for instant P2P payments in Colombia, is quickly gaining strength.
12/11/2014 3:52:26 AM NACHA kind of moves on "same day" ACH By Gareth Jones The Electronic Payments Association formally sought feedback on Same Day ACH. acknowledging that “In today’s environment, everyone wants...
8/21/2014 2:49:00 AM The Fed eyes foreign payment systems as it evaluates the future of ACH By Gareth Jones This Faster Payments Assessment Summary from the Fed follows on from their series of meetings in June discussing the US ACH...
8/21/2014 2:28:19 AM Is ACH on its way out? By Gareth Jones The Automated Clearing House (ACH) Network is the backbone for the electronic movement of money and payment-related data in the US. It is...