Payments 101, Part 6 – ACH, Wires and Faster Payments

By |2021-03-01T19:30:28+00:00February 26th, 2021|ACH, Payments, Payments 101, Wires|

We are nearing the end of our initial excursion into the basic payment methods with what are the most fundamental ones, albeit the least familiar to the average person.  ACH and wires are the plumbing behind all the other payment types, as well as their own products.  Faster Payments systems are just a refinement, with [...]

Payments 101, Part 1 – The Five Actor Model

By |2021-01-27T16:25:56+00:00September 29th, 2020|Financial, International, Payments, Payments 101|

Payments has been a rapidly evolving space over the past 20 years, and many companies have sought to get into it, even as the incumbents seek to evolve and expand their offerings.  I have noticed, however, a lack of resources to get new employees up to speed on how different payment methods work.  The purpose [...]

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