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Industry News - What Is Happening
in Electronic Payments

Fed Announces Policy Change to Operating Circular 3 - The Federal Reserve System Retail Payments Office announced a policy change to Operating Circular 3, effective July 15, 2008, that will hold sending banks liable for remotely-created payment orders that bypass NACHA rules and monitoring. 

TOP 9 e PAYMENT SOLUTIONS - Q~Check named a Winner in Collection Advisor Magazine top technology awards issue of December 2007.  Click here to read more.

About NACHA - The Electronic Payments Association is a not-for-profit association that oversees the Automated Clearing House (ACH) Network, one of the largest electronic payment networks in the world. More than 18 billion ACH payments were exchanged in 2007.

 

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