While instant payments have been a hot topic, ACH (Automated Clearing House) continues to evolve and remain a key payment network. “ACH Modernization” refers to the transformative initiatives designed to revamp traditional ACH payment systems, offering faster, more secure, and more versatile payments.
In this Banking Exchange-hosted webinar, speakers Alex Romeo, Operations Strategy Vice President at Federal Reserve Financial Services, and Paul Steinbrecher, Director of Payments Consulting at Alacriti, delve into ongoing changes and breakthroughs on the horizon, and discuss:
- Modernization in Automated Clearing House services and why it is crucial
- Existing and forthcoming rules that govern ACH modernization
- Industry impact and future projections
- Innovations transforming ACH processes and transactions
- Advantages that modernized ACH processes bring to businesses and consumers
