Payments: ‘Faster’ is first and foremost

Highlights from Nacha’s Smarter Faster Payments Conference.

Roughly 1,900 payments executives and practitioners convened in Nashville last week for more than three days of content extending well beyond Nacha’s traditional automated clearinghouse (ACH) turf.

The 2022 Smarter Faster Payment conference shone a light on moving money rapidly across both existing and nascent rails.

“We want this to be everyone’s one-stop shop for everything in payments, not just ACH,” explains Nacha CEO Jane Larimer. During a main stage address she announced record ACH growth of more than two billion transactions for 2021, a 9% increase.

Larimer also highlighted the 20% growth in business-to-business transactions, long a strategic focus for the network.

 

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