The quick path from concept to unsuccessful conclusion for the plan to link the check image systems to the ACH was partly due to the enormous complexity of the job. More than that, though, it ...
ORLANDO — Though the Check ACH Coalition has abandoned its plan to create a new payments system linking image exchange networks and the automated clearing house system, its members are still working ...
A banking group that is exploring how to merge electronic image exchange with the automated clearing house network expects to distribute a survey on Tuesday to financial institutions seeking to find ...
The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...
When money moves electronically between banks and credit unions, it could be zipping along thanks to a process known as an ACH transfer. The Automated Clearing House network plays a critical role in ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business fraud is relentless. Scammers have learned how to ...
eChecks and ACH are so similar that the two terms are often used interchangeably. That’s because both eChecks (electronic check processing) and ACH (Automated Clearing House) move funds from one bank ...
CLEARWATER, Fla.--(BUSINESS WIRE)--Certegy, a leading ACH payments and risk management company, today announced the launch of its new Virtual Terminal platform, allowing both in-store and mobile ...
A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax ...