Posted April, 18 2007
George Thomas, AAP, is the recipient of NACHA’s 2007 Kevin O’Brien ACH Quality Award. During his 25 years of service to the financial services industry, Mr. Thomas was known as a hardworking visionary, dedicated to quality, excellence, and risk management in the ACH Network and other payment systems.
“George was one of the earliest supporters of ACH transaction funding for risk management, quality improvement and other network administrative programs,” said Elliott C. McEntee, President and CEO of NACHA. “Now that such funding is a reality, it is very fitting that NACHA honors George with our Quality Award.”
Prior to forming Radix Consulting, George was an Executive Vice President of The Clearing House Payments Company (TCH). He joined the Clearing House in 1981 and served in a number of positions through his retirement in 2006.
At The Clearing House, Thomas developed the platforms for Electronic Payments Network (EPN) and Clearing House Interbank Payments System (CHIPS), which operate at 99.999 percent reliability. Under Mr. Thomas’ leadership, EPN implemented the allelectronic ACH in 1989, providing a competitive market option for ACH Operator services. George served on NACHA’s Board of Directors for 14 years. He made EPN an integral part of NACHA’s original ACH Quality Initiative in 2000. To this day, EPN retains its leadership position in providing risk management services to the ACH Network.
The Kevin O’Brien ACH Quality Award is named after the late Kevin O’Brien, NACHA’s Chairman in 1999-2000.