TITLE

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

AUTHOR(S)
Fest, Glen
PUB. DATE
March 2007
SOURCE
Bank Technology News;Mar2007, Vol. 20 Issue 3, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Interview
ABSTRACT
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.
ACCESSION #
24566857

 

Related Articles

  • Nacha embraces Internet, but not one of its stars. Marjanovic, Steven // American Banker;4/24/1996, Vol. 161 Issue 78, p5 

    Presents brief news reports. National Automated Clearing House Association's, (NACHA) embracing of the Internet; What this embracment is reflected in; Reaction of Thomas A. Gregory, chairman of the conference to a service unveiling by Intuit Incorporated; Attendance figures for the 1996 NACHA...

  • Electronic Checking: A Compromise. Molvig, Dianne // Credit Union Executive Journal;Jan/Feb2000, Vol. 40 Issue 1, p30 

    Deals with the use of electronic checking which allows consumers their checkbooks and takes advantages of the automated innovations. How electronic checking works; Importance of this technological innovation; Pilot test of electronic checking held by the National Automated Clearing House...

  • Outgoing Nacha Chief Ponders Next Step for Payments Industry. Wade, Will // American Banker;12/1/2004, Vol. 169 Issue 229, p1 

    Reports on advances in the payments industry. Products and services impacting the payments industry, including accounts receivable conversion and online bill-pay; Comments of Leonard J. Heckwolf, chairman of the National Automated Clearing House Association (Nacha); Report that technological...

  • The Time Is Now. Whaley, Cary // Independent Banker;Jun2013, Vol. 63 Issue 6, p76 

    The author discusses the Expedited Processing and Settlement Rule put forward by National Automated Clearing House Association (NACHA)-the Electronic Payments Association in support of same day settlement Automated Clearing House (ACH) transaction. It informs that Independent Community Bankers...

  • CLEARING HOUSE ASSOCIATION FORMED. McConnell, Richard M.M. // Banking;Aug74, Vol. 66 Issue 14, p8 

    Reports the formation of the National Automated Clearing House Association. Clearing houses that formed the association.

  • Clearing house group criticized for push to set electronic benefits transfer rules. Piskora, Beth // American Banker;10/13/1995, Vol. 160 Issue 198, p1 

    Reports on criticisms regarding the National Automated Clearing House Association's (Nacha) plans to carve out a coordinating role in the electronic benefits transfer industry. Opposition to the group's attempt to form a rulemaking body called Electronic Benefits Transfer Council; Nacha's...

  • Nacha conference draws record crowd. Crockett, Barton // American Banker;5/5/1994, Vol. 159 Issue 86, p16 

    Reports on the annual National Automated Clearing House Association conference in Orlando, Florida. Estimated number of attendees; CoreStates Financial Corp.'s entry into the regional association; Name change for Calwestern Automated Clearing House Association; Servantis Systems Inc.'s plans to...

  • Nacha establishes fines of up to $1,000 per infraction. Marjanovic, Steven // American Banker;9/3/1998, Vol. 163 Issue 169, p12 

    Reports that financial penalties for misuse or noncompliance of paperless payments will be imposed by the National Automated Clearing House Association (Nacha). Design purpose of the enforcement measures; When the measure will be in effect; Comments from Hal Piotrowski, chairman of Nacha.

  • Disarray in payment system ranks evident in Nacha rulemaking delay. Marjanovic, Steven // American Banker;4/1/1998, Vol. 163 Issue 61, p1 

    States that in March, 1998, the National Automated Clearing House Association (Nacha) celebrated the adoption of a rule for using its network to collect returned checks. What is cited as bad news regarding the rule; Reaction of some executives surrounding the approach to payment system policy;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics