Insights
CSG Forte Insights is a collection of industry news and perspectives to help navigate the payments landscape.
Debunking ACH Payment Myths: What You Should Know
What’s the most valuable non-cash payment channel in the United States? Most people would say credit cards—and most people would be wrong. It turns out Automated Clearing House (ACH) payments are the most valuable non-cash payment channel. Even though more credit and debit card than ACH payments are transacted each year, ACH payments are worth much […]
What Can ACH Processing With a Nacha-Preferred Partner Do for Your Business?
While digital payments have been around for decades, in the four short years since the pandemic made digital payments a bigger part of everyday life, Automated Clearing House (ACH) payment processing has become an integral part of digital commerce. The ACH Network—which is the only payment system that reaches all U.S. bank and credit union […]
SEC Code Glossary: A Quick Guide to Entry Class Codes
In the world of electronic payments, the National Automated Clearing House Association (NACHA) governs and dictates the regulations for processing electronic transactions through the Federal Reserve. The regulations are serious, utilized in legal proceedings regarding transactions and relied upon by banks, payment processors, and both federal and state governments. NACHA keeps the order for the industry, and it’s important to abide by […]
What Are Electronic Payments and How Can They Help Your Business?
Imagine. You want to purchase a doughnut at the local bakery, but instead of handing over your credit card, you reach into your pocket and pull out a few grains you picked on your farm earlier that day. After all, the baker can use the grains to make more dough. Seems crazy, right? However, the […]
Move Funds Faster With Same-Day ACH Transfers
Automated Clearing House (ACH) payments have become critical for everything from electronic bill payments to direct payroll deposits. Same-day ACH is an improvement to the ACH network that enables the processing of credit, debit and return transactions multiple times daily. Same-day ACH transfers ensure that payments are deposited into another account on the same business […]
Million Dollar Payments: Nacha Boosting Same-Day ACH Maximum
Think of your favorite news outlet, any news outlet. Chances are, if you visit their site right now, the leading topic will be the economy. From inflation to new job numbers, several metrics and topics are commonly discussed when analyzing the economy. However, the Automated Clearing House (ACH) network often goes overlooked in economic discussions. […]
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