AAPs are an elite group of highly skilled payment professionals who are well-regarded by financial regulators and examiners, peers and clients.
Herndon, Va. (PRWEB) February 09, 2016
In honor of National AAP Recognition Day, NACHA — The Electronic Payments Association announced it recently awarded 375 individuals the Accredited ACH Professional (AAP) credential. More than 4,300 professionals currently hold the credential.
To be awarded the AAP credential, individuals must pass a comprehensive exam that is administered by NACHA each fall. The exam tests an individual’s knowledge 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.
“AAPs are an elite group of highly skilled payment professionals who are well-regarded by financial regulators and examiners, peers and clients,” said Scott M. Lang, AAP, senior vice president, Association Services at NACHA. “The demonstrated knowledge and expertise they bring to their workplaces help to distinguish their organizations as those committed to doing payments right.”
Also as part of AAP Recognition Day, NACHA launched the AAP Exchange. The online community is a dedicated space for AAPs, both current and aspiring, to engage with one another via conversations and blogs while staying informed about what matters to AAPs. It provides information such as educational opportunities to keep the AAP credential in good standing, information about the AAP exam, as well as a member and company directory. The site also features a new video, “AAP: The Gold Standard in Payments Accreditation,” that highlights the importance of the Program.
To honor the recently credentialed and current AAPs during National AAP Recognition Day, which is celebrated annually on the second Tuesday of February, this year NACHA and the Regional Payments Associations (RPAs) will fly a U.S. flag over the U.S. Capitol in Washington, D.C. The flag then will be awarded to an AAP at the annual AAP Reception, sponsored by the RPAs, at PAYMENTS 2016, which will be held April 17-20, in Phoenix, Arizona.
AAPs receive exclusive registration rates for PAYMENTS 2016 ($1,325 through Feb. 9) and The Payments Institute ($2,195), two of NACHA’s premier educational events. Registration is now open for both programs, which offer continuing education credits.
For more information about the AAP Program, please visit aapexchange.nacha.org.
About Regional Payments Associations
Located throughout the U.S., Puerto Rico, Virgin Islands, and Guam, the Regional Payments Associations are specially recognized and licensed providers of ACH education, publications and support. While each Regional Payments Association is a separate organization, their shared mission is to educate ACH Network users and provide information and resources to their members. For more information about Regional Payments Associations, visit nacha.org/members/regional-payments-associations.
PAYMENTS 2016, which is taking place April 17-20 at the Phoenix Convention Center in Arizona, is a proven, well-respected, and powerful event that provides attendees with the latest research, industry pilot results, insights, trends and forecasts to support and drive payments innovation. Information is delivered through interactive educational sessions and workshops with renowned speakers from financial institutions, corporations, government agencies, legal and regulatory bodies, consulting and research firms, service providers and more. Content is organized along six newly identified tracks— ACH: Now & Next; Surety: Rules, Regs & Risk; Impact: Trends & Technology; Strategy: Plan & Position; Experiences: Corporate & Consumer; and Buzz: Disrupt & Debate – to address the topics of today that are impacting the payments space. In addition, a dynamic Exhibit Hall of industry leaders features top products and services shaping the future of payments. Registration is now open. To learn more about PAYMENTS 2016, visit payments.nacha.org.
NACHA — The Electronic Payments Association
Since 1974, NACHA – The Electronic Payments Association has served as trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects all 12,000 financial institutions in the U.S. The Network, which moves money and information directly from one bank account to another, supports more than 90 percent of the total value of all retail electronic payments in the U.S. Through its collaborative, self-governing model, education, and inclusive engagement of ACH Network participants, NACHA facilitates the expansion and diversification of electronic payments, supporting Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit payments, recurring and one-time payments; government, consumer and business transactions; international payments, and payments plus payment-related information. Through NACHA’s expertise and leadership, the ACH Network is now one of the largest, safest, and most reliable systems in the world, creating value and enabling innovation for all participants. Visit nacha.org for more information.