[quesera]

There's an ocean of historical data to predict reversal or settlement failure of ACH transactions.

I would guess that payroll credits are the second most-reliable category in the ocean of ACH transactions, right after US Treasury payments.

How black would this swan need to be to blow up this stability?

[blibble]

not sure what american payment transfers have to do with UK BACS payments, but ok

> I would guess that payroll credits are the second most-reliable category in the ocean of ACH transactions, right after US Treasury payments.

maybe some sort of lunatic getting control of the US treasury payment systems?

I suppose that can't ever happen

[quesera]

This thread is "completely unrelated to this blog post" and your previous comment was responding to comments about the US ACH network.

[lol768]

Right, but it's talking about "Get paid early" - and in the context of this particular post that's a specific Monzo feature that has absolutely nothing to do with ACH.

Do US fintechs offer something similar? Perhaps, but I bet it works pretty differently to BACS where the bank already knows about the money transfer.

[quesera]

Yes, "get paid early" is a feature that US fintechs and banks offer, and have for years. So in the context of this subthread, it's all about ACH.

The feature is based on the predictable pattern of payroll direct deposits, and/or a pre-settlement view into the ACH transfers for the day. The latter sounds like what you are describing for BACS, but I don't know the UK details.