AAPs are recognized ACH payments experts, continually working to maintain confidence in ACH payments and the safety, reliability and quality of the ACH Network.
Herndon, VA (PRWEB) February 11, 2014
Today, Congressman Gerald E. Connolly of Virginia issued a Congressional Proclamation recognizing National Accredited ACH Professional (AAP) Recognition Day. Celebrated annually on the second Tuesday of February, AAP Recognition Day highlights the importance of the AAP credential, as well as celebrates the achievements and contributions of AAPs nationwide. Within the Congressional Proclamation, Congressman Connolly acknowledges and commends the more than 4,000 AAPs who, “through their expertise, help safeguard the quality of the ACH Network and the billions of transactions that flow through it.”
The AAP credential establishes one’s credibility, professional competency, and expertise within the payments industry. To be awarded the AAP credential, individuals must pass a comprehensive exam, which is administered by NACHA – The Electronic Payments Association, each fall. The exam tests an individual’s knowledge of a variety of subjects including the NACHA Operating Rules; the ACH Network and other payments systems; technical and operational ACH requirements; risk management; and payments-related regulations.
"NACHA applauds Congressman Connolly for recognizing February 11, 2014, as National AAP Recognition Day,” said Janet O. Estep, president and CEO of NACHA. “AAPs are recognized ACH payments experts, continually working to maintain confidence in ACH payments and the safety, reliability and quality of the ACH Network. Congressman Connolly’s action today underscores the significance of the AAP credential and the value AAPs provide to the greater payments community.”
In recognition of National AAP Recognition Day, each year NACHA partners with the Regional Payments Associations (RPAs) to honor and recognize AAPs in unique ways across the country. This year, NACHA and the RPAs will commemorate National AAP Recognition Day by flying a U.S. flag over the United States Capitol in Washington, DC. Additionally, AAPs will be recognized at the annual AAP Reception, sponsored by the RPAs and held during the PAYMENTS 2014 Conference, April 6-9 in Orlando, Fl. This year, the flag flown over the Capitol on AAP Recognition Day will be awarded to an AAP during this event.
About Regional Payments Associations
Located throughout the United States, Puerto Rico, Virgin Islands, and Guam, Regional Payments Associations are in most cases not-for-profit trade associations whose main membership includes commercial banks, savings banks, credit unions, and savings and loans. Through their membership in NACHA, Regional Payments Associations are specially recognized and licensed providers of ACH management, education, assistance, and services to all types of financial institutions. For more information about Regional Payments Associations, visit https://www.nacha.org/RegPayAssoc.
NACHA — The Electronic Payments Association
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. The ACH Network provides a safe, secure, and reliable network for direct account-to-account consumer, business, and government payments. Annually, it facilitates billions of Direct Deposit via ACH and Direct Payment via ACH transactions. Used by all types of financial institutions, the ACH Network is governed by the fair and equitable NACHA Operating Rules, which guide risk management and create payment certainty for all participants. As a not-for-profit association, NACHA represents more than 10,000 financial institutions via 16 Regional Payments Associations and direct membership. Through its industry councils and forums, NACHA brings together payments system stakeholders to foster dialogue and innovation to strengthen the ACH Network. To learn more, please visit http://www.nacha.org, http://www.electronicpayments.org, http://www.payitgreen.org, and direct.nacha.org.