The National Automated Clearing House Association (NACHA) issued a directive to address the lack of a real-time or faster payment system This same-day processing directive calls for three clearing windows in a business day: morning, afternoon and evening. Speeding up processing times forces systems to detect suspected fraud faster. The Federal Reserve selected a steering committee of organizations to make up the Faster Payments Task Force. The Faster Payment Task Force is currently working to address issues and approaches for a safe faster payments implementation.”]
Source: https://securityintelligence.com/do-faster-payments-mean-faster-fraud/