Nacha, the electronic payments association, is working to get its members on board with faster processing to accommodate the growth of mobile and other electronic payments, though this would require a change to the association's rules.

These rules are not likely to change in the short-term, since the association's members must vote to adopt same-day settlement, and no vote is currently scheduled. In the interim, Nacha is offering an optional path to same-day settlement via a Federal Reserve program, though that will still not create an association-wide same-day settlement regime for Nacha.

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