When it comes to managing your paycheck, there are few payroll innovations with as much power to put you on a solid financial footing as direct deposit. ..
Date : Monday, August 20, 2018
A lesser-known wire transfer type is known as the "drawdown reverse wire," which is the opposite of a direct wire. Also known as Fedwire drawdowns, drawdown requests, drawdown wires, or simply drawdowns – NACHA tends to prefer "drawdown" over "reverse wire" – this type of wire transfer is unique because it's initiated by the receiver instead of the sender. Of course, the sender needs to authorize the receiver to do so with their bank, but the receiver only needs to do this once. ..
Date : Wednesday, August 15, 2018
Businesses and consumers drove an increase in ACH transactions over the second quarter of 2018 to a growth rate of 6.2% over Q2 2017, NACHA–The Electronic Payments Association® reported. The increase was one of the highest growth rates in a decade. ..