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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. […]
5 Payment Trends to Watch in 2022
Human beings have an innate need to make predictions. For whatever reason, we like to make forecasts on just about everything, from Oscar winners to World Series champions, from election results to the likelihood of weather events, and everything in between. The most effective prognosticators tend to take a 360-degree view. That is, they try […]
4 Reasons You Need a Scalable Payment Platform
Payment platforms are often rigorously designed for a number of factors, including security, speed, reliability, and more – but one of the most integral factors for any payment platform isn’t what you may think – it’s scalability. What makes a platform scalable is its ability to handle oncoming work that grows and develops. Similar to […]
What’s a payment channel?
Since all of our recent chatter about omni-channel is centered on multiple channels, here’s a quick breakdown on payment channels and what we offer. A payment channel is basically any way that a customer might make a payment or anywhere that you (as a merchant) might accept a payment. This is slightly different from retail […]
SEC Code Glossary: A Quick Guide to Entry Class Codes
In the world of electronic payments, NACHA (National Automated Clearing House Association) governs and dictates the regulations for processing electronic transactions through the Federal Reserve. The regulations are very 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 […]
Forte Places 2nd in The Strawhecker Group’s “Best in Breed” API Set Award
A payments gateway needs to be easy to use, fully functional and intuitive for developers. Today, The Strawhecker Group (TSG), an industry leader in payments consulting and analytics, released their 2021 “Best in Breed” API Assessment, powered by the firm’s Gateway Enterprise Metrics (GEM) platform. Part of the assessment centered around evaluations of API Sets. […]
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