Conversion's the Word In '07 e-Payments Drive

Fest, Glen
March 2007
Bank Technology News;Mar2007, Vol. 20 Issue 3, p15
Trade Publication
An interview with Steve Ellis, chairman of National Automated Clearing House Association (NACHA) is presented. When asked about what will the impact of the banks and their clearing operations, he refers the change as not trivial, where banks need to make modifications into its settlement and reporting systems. Ellis believes that commercial clients can easily capture in the switch of services. He comments on the focus of NACHA to go online and mobile payments.


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