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Mentioned Companies:

Nacha’s B2B Payment Information Platform

Phixius is a blockchain-supported data sharing platform Nacha will offer in the U.S. to supply bank routing information, payment preferences, invoice-related data elements, and more to facilitate straight-through processing of accounts payables. The aim is to support payment methods including ACH, wire transfers, commercial credit cards, real-time payments, and person-to-business payments from networks such as Zelle, while eliminating business-to-business check payments. Nacha worked with Discover Financial Services as a technology partner to demonstrate the proof-of-concept for Phixius. Er...

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April 2020
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