NACHA works diligently to engage business end users and others who use the ACH Network to provide input into the development and advancement of the Network and ACH payments.
HERNDON, Va. (PRWEB) October 16, 2014
Building upon its tradition of engaging diverse ACH Network stakeholders, NACHA —The Electronic Payments Association® today announced the launch of a new strategic corporate relations program. The corporate relations program seeks to improve engagement with business end users. Specifically, the outreach effort is designed to connect with payment-related associations with corporate memberships and leverage opportunities at their events for dialogue on ACH Network initiatives and opportunities that impact accounts payable, accounts receivable, credit management and related treasury functions.
“NACHA works diligently to engage business end users and others who use the ACH Network to provide input into the development and advancement of the Network and ACH payments,” said Janet O. Estep, NACHA President and CEO. “Through the strategic corporate relations program, we hope to further our efforts, allowing for increased and more varied input, which will ultimately help to strengthen Network advancements.”
NACHA’s strategic corporate relations initiative, which will be led by Robert Unger, senior Director at NACHA, kicks off with engagements at the following events:
- Utility Payments Conference, October 20-23, in Baltimore, Md. Unger and Danita Tyrell, Director at NACHA, will provide an overview of NACHA’s Bill Pay Exception Mitigation program and an update on the NACHA Operating Rules.
- IOFM Accounts Payable Conference and Expo, October 26-29, in Las Vegas, Nev. NACHA will be exhibiting to provide attendees with information about NACHA and the ACH Network and address ACH Network-related questions.
- AFP Annual Conference, November 2-5, in Washington, D.C. Continuing our involvement with AFP, Estep will reveal how organizations can innovate via the ACH Network to simplify payment processes during a session titled Innovations via ACH –The Next 40 Years. NACHA will also be exhibiting to provide attendees with information regarding the ACH Network.
- Credit Research Foundation Forum, March 23-25, 2015, in Tucson, Ariz. During the attendee luncheon, Unger will lead a discussion on how to use the ACH Network to create efficiencies in corporate receivables.
In the coming months and through 2015, NACHA will be coordinating additional appearances at other corporate events and engaging in activities to ensure all Network participants are more fully heard.
The launch of the strategic corporate relations program complements other recently launched NACHA engagement initiatives. In early September, NACHA announced the formation of a Board Advisory Group. The creation of this group provides for a more formal mechanism for non-financial institution providers and users of the ACH Network to directly communicate with the NACHA Board of Directors. Additionally, in July, NACHA launched the Payments Innovation Alliance, a new membership group that serves as the voice of the payments industry, and encourages industry collaboration to help advance global payments.
For more information about NACHA’s strategic initiatives, visit http://www.nacha.org.
About NACHA—The Electronic Payments Association
For 40 years, 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 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.