The Automated Clearing House (ACH) Network is comprised of U.S. financial institutions, the Clearing House, Federal Reserve, and the National Automated Clearing House Association (NACHA). These elements work together in order to facilitate the electronic transfer of funds in the … Read More
Benefits of ACH Transfers
An ACH transfer itself is a system of automated processes used by banking networks in the United States. These automated processes allow for money to be sent and received faster and more affordably than ever before. There are many benefits … Read More
ACH Payments Versus Wire Transfers
An ACH payment is an electronic money transfer that moves through the Automated Clearing House (ACH) Network in the United States. An ACH transfer quickly and easily allows bank-to-bank transfers using online banking, without the need to visit a bank … Read More
Startup Evolution: From A FinTech CEO Perspective
On February 6 Sila hosted a very informative panel discussion at Seattle’s WeWork Labs, featuring Sila CEO Shamir Karkal, Hover CEO Ben Lyon, and Remitly CEO Matt Oppenheimer, moderated by TF Blockchain founder and EVERY* CPO Jonathan Blanco. Each panel … Read More
6 Problems Tomorrow’s FinTech Apps Will Solve
Few organizations are feeling the quickening pace of technological disruption more than banks. Traditional banking institutions are fast-tracking bottom-up transformations in order to capitalize on new collaborative opportunities for long-term growth. Those opportunities aren’t limited to major business partners and … Read More