ACH Blog

Posted by NationalACH on Apr 05, 2010

Electronic check imaging is exploding.  What started as a small trickle has now become a massive flood.Large companies have been using Check 21 electronic check imaging also known as remote deposit capture ever since the law was first implemented a a few years ago.  Now businesses all over are..

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Posted by NationalACH on Mar 29, 2010

In a transformation as profound as that from pony express to email, Check 21 legislation enabled the deposit and clearing of all types of paper checks -- including business to business checks -- through electronic image transfer.  Payroll, corporate, commercial, treasury, travelers and consumer..

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Posted by NationalACH on Feb 22, 2010

Send Bank Deposits with Your Cell PhoneConsulting firm Mercatus surveyed US mobile banking customers on how likely they would be to use Check 21 remote deposit capture through a mobile phone. Not surprisingly, 66% of those age 26-34 and 69% of those 35-44 said they would use the service if it was..

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Posted by NationalACH on Dec 04, 2009

A new report titled the 2009-2010 Payments Processing Benchmark Study has just been released by Taipi . Interesting highlights include:The Federal Reserve Bank System is encouraging migration from paper to image-based check clearing by increasing the fees for clearing paper checks. There are now..

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Posted by NationalACH on Jul 22, 2009

The US Federal Reserve Banks announced plans for financial institutions to clear and settle certain automated clearing house (ACH) transactions in one day. This will be the first material change to the settlement schedules for the Federal Reserve in 35 years.The recent action was caused by the..

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