NPS Rent Assurance Receives NACHA 2016 Kevin O’Brien ACH Network Award for Excellence in the Advancement of Electronic Payments

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Award recognizes innovative uses of the ACH Network to improve delivery of financial services.

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By building a SaaS platform that capitalizes on the ACH Network to establish timely rent delivery matched with forward-looking data, we’re changing the dynamics between property companies and renters around credit assessment and payment predictability.

Neighborhood Pay Services (NPS), the leader in payment assurance for the Rental Housing industry, today announced that its proprietary Rent From Payroll® direct deposit platform, NPS Rent Assurance®, has been recognized by the NACHA - The Electronic Payments Association® with the 2016 Kevin O’Brien ACH Network Award. The award recognizes NPS for innovation in leveraging the ACH Network with a simple solution that reduces credit and payment risk, resulting in a more financially inclusive option for improved access to quality rental housing for credit challenged consumers, and improved performance in key operating metrics for single-and multifamily property owners.

“By building a SaaS platform that capitalizes on the ACH Network to establish timely rent delivery matched with forward-looking data on payment performance, we’re changing the dynamics between property companies and renters around credit assessment and payment predictability, with better outcomes for all parties,” says Ellen S. Calmas, Co-Founder and Executive Vice President of Neighborhood Pay Services. “We’re honored to be recognized by NACHA for our success in proving out a direct deposit solution through payroll that redefines credit and payment risk based on a consumer’s willingness to better manage their payment obligations.”

Named in honor of the late Kevin O’Brien, NACHA’s 1999-2000 Chair, the award is part of NACHA’s Payments System Awards, which recognize the highest degree of achievement in the development, implementation and advancement of electronic payments. These prestigious awards celebrate excellence, outstanding accomplishments and superior leadership in innovation to further the ACH Network and were presented at the PAYMENTS 2016 Conference in Phoenix, Arizona, the premier educational event for the payments industry.

“NACHA is proud to recognize NPS Rent Assurance as the recipient of the Kevin O’Brien ACH Network Award,” said Janet O. Estep, president and CEO of NACHA. “NPS Rent Assurance has found innovative ways to meet the needs of a changing payments industry while demonstrating just how important and integral electronic payments are to everyday life.”

About NPS Rent Assurance / Neighborhood Pay Services (
NPS Rent Assurance provides a significantly lower cost option for millions of credit challenged consumers to gain access to professionally managed rental housing without draining already fragile personal savings, while also ensuring on-time lease payments after move-in. The NPS platform works exclusively through the NACHA ACH Network with direct deposit form employers and special income sources. Enrollment in the NPS program is offered by leasing professionals to consumers whose credit is below qualifying standards in lieu of additional security deposits that average $500 - $1500 and/or the need to secure guarantors. The automated NPS payment assurance platform creates stability for both the NPS customer and their landlord, resulting in retention that is twice the industry average with a >75 percent decrease in early lease terminations. NPS reporting to a national credit bureau helps consumers build or improve credit scores as another means to better function in the financial mainstream.

About 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 moves money and information directly from one bank account to another. 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.

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Ellen Calmas
Neighborhood Pay Services LLC
+1 (866) 436-2187 Ext: 104
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