Smarter, Safer, Seamless: What’s New in Payments & Cash Management

We know payments and cash management don’t stand still—and neither do your customers’ expectations. That’s why we’re excited to share a few updates designed to make your day-to-day operations simpler, more secure, and better positioned for what’s ahead.

Easier Access to International Services

Let’s start with some good news on the international side. We’ve enhanced access to our International Services platform to make it more streamlined and user-friendly.

With improved integration into the FIRE program, you’ll notice a more efficient experience right away. There’s less need to juggle multiple logins across different systems, and your administrators now have full control to manage users in one centralized place.

The goal is simple: reduce friction, save time, and make it easier for your team to serve customers who rely on international payments.

New Flexibility in Multifactor Authentication

We’ve also added a Soft Token option for multifactor authentication (MFA) within the FIRE program—giving your bank more flexibility in how you manage security.

This new option complements the existing YubiKey, so you can choose the authentication method that best fits your institution’s security standards and day-to-day workflows. There’s no requirement to switch—just more flexibility to align with what works for your team.

At a time when security expectations continue to rise, having options matters. Whether you prioritize convenience, portability, or layered protection, you now have the ability to tailor MFA to your needs.

Planning Ahead for FedGlobal Changes

Looking ahead, there are some important industry changes on the horizon. The Federal Reserve has announced it will sunset the FedGlobal ACH Payments service and its Foreign and Canadian Check Service by the end of 2026.

If you rely on those services today, now is the time to start planning your transition.

The good news? You don’t have to navigate that change alone. Bankers’ Bank is ready to support you with a full range of international payment capabilities, including processing for international wires, checks, and IAT ACH transactions. Our team can help ensure a smooth transition so you can continue serving your customers without disruption.

Same Day ACH Is Getting a Big Boost

Looking a little further ahead, there’s another significant development worth keeping on your radar. The Same Day ACH per payment limit will increase to $10 million, effective September 17, 2027.

This will be the third increase since Same Day ACH was introduced, growing from $25,000 to $100,000 in 2020, then to $1 million in 2022—and soon to $10 million.

Why does this matter? Because it opens the door to a broader range of use cases, including larger invoice payments, tax payments, insurance disbursements, payroll funding, merchant settlement, and cash concentration.

And the demand is already there. Same Day ACH continues to see strong growth, with payment volumes and values rising significantly year over year. This change will only accelerate adoption and expand how banks and businesses use the network.

While the effective date is still ahead, we’ll continue to keep you informed and help ensure your bank is fully prepared to take advantage of this increased capacity.

Read the full NACHA press release: Same Day ACH Per Payment Limit to Increase to $10 Million | Nacha

Here to Support You

Whether you’re looking to simplify access, strengthen authentication, or prepare for upcoming changes, our Payments and Cash Management team is here to help.

If you’d like to review your current setup, explore the new MFA options, or start planning for the FedGlobal transition, we’d love to connect. Reach out anytime at [email protected].

As always, our focus is on helping you operate more efficiently, securely, and confidently—so you can stay focused on your customers.