National Third-Party Payment Processor Association announces its first bank and first processor member to achieve the association’s Compliance Management Certification

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Third Party Payment Processors Association (TPPPA) congratulates its first bank and first third-party payment processor members on their successful completion of the Association’s Best Practices Certification Audits.

Third Party Payment Processors Association (TPPPA)

"The TPPPA’s CMS sets a standard of best practices by which responsible banks and payment processors can be distinguished by regulators and the payments industry."

The Third Party Payment Processors Association (TPPPA), the not-for-profit industry association representing the interests of payment processors and their banks, released a statement today congratulating its first bank member, National Bank of California (NBCAL), and its first payment processor member, REPAY - Realtime Electronic Payments (REPAY), for successfully completing the Association’s Compliance Management System (CMS) Certification Audits. The CMS is the Association’s best practices guidance created for its members, which consists of model policies and associated control framework tailored to the unique needs and responsibilities of TPPPA bank and processor members. The CMS was created to address the oversight of relevant federal regulatory agencies, including the FDIC, OCC, FRB, CFPB, FTC and FinCEN. The TPPPA in partnership with Kirkpatrick Price, has created a bank and an online payment processor audit based upon the CMS control framework. Successful completion of these audits results in certification by the TPPPA.

“We are very proud of our CMS product, but policies are just words on paper without the means of demonstrating that they are being followed,” said Marsha Jones, TPPPA President. “This is why we created the two distinct certifications audits, one for banks with third-party payment processors as their customers, and the other for processors themselves.”

“National Bank of California (NBCAL) believes third-party payment processors play the important role of serving the electronic payments needs of small businesses,” said Henry Homsher, NBCAL President/CEO. “The TPPPA’s CMS sets a standard of best practices by which responsible banks and payment processors can be distinguished by regulators and the payments industry. We are honored to be recognized as having some of the best practices in ACH processing as the first bank to receive this certification. We also wish to congratulate REPAY on their successful completion of this audit.”

“As a board member of the TPPPA, it was important to me that REPAY be one of the first processors to become certified,” said John Morris, REPAY CEO, “But beyond that, we felt that there was great value in an independent audit using the control framework of the TPPPA CMS. Because the SSAE16 audit framework was utilized, we were able to combine the CMS audit with our own controls and not have to add an additional audit. This has been an excellent tool for REPAY to strengthen our existing banking and client relationships as well as pursing new relationships.”

To learn more about the TPPPA Compliance Management Certification program visit

The Third Party Payment Processors Association (TPPPA) is a national not-for-profit industry association representing and promoting the interests of the payment processors, their financial institutions and their merchants. TPPPA advocates on behalf of its members to the industry and government, educates its members on the latest rules and regulatory updates, and provides comprehensive tools to support operational excellence and integrity in payments. To learn more about the TPPPA, visit the website,

National Bank of California was incorporated in 1982 as a business-oriented commercial bank. The Bank has established a tradition of personal service to individual customers and to small and medium-size businesses. The Bank places a strong emphasis on providing clients with responsive, innovative and highly personal customer service. In 2003, the Bank entered the world of Electronic Payments, offering ACH processing to merchant customers and processing partners. The Bank’s ACH division has been noted as being an industry leader, with two Accredited ACH Professionals (AAP) on staff. The ACH division is managed by Houri Wartanian, an industry expert who speaks at payments’ industry events nationwide. The Bank’s competitive pricing and exceptional hands-on customer service offers the advantages of a big bank - a top 50 ODFI - with the attention to detail only possible from a community bank.

REPAY- Realtime Electronic Payments is an electronic payments company with a product suite of solutions that includes: debit and credit card processing; ACH processing; bank account verification; and hosted bill payment systems with full IVR capabilities. REPAY specializes in providing solutions to consumer financial companies and has supported companies in the payday advance industry since 2004. REPAY’s intrinsic value is its knowledge of the client’s business model and industry. Products come and go, but REPAY builds relationships based on its experience, knowledge, and reputation.

About KirkpatrickPrice
KirkpatrickPrice is a licensed CPA and PCI QSA firm, registered with the PCAOB, providing assurance services to over 300 clients in more than 40 states, Canada, Europe, and Asia. The firm has over 100 years of combined experience in information security by performing assessments, audits, and tests, which strengthen information security and compliance controls. KirkpatrickPrice most commonly provides advice on PCI, SSAE 16, SOC 2, HIPAA, ISO 27001, FISMA, and CFPB frameworks.

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