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Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

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Nacha Announces Persistent Systems as a Preferred Partner for Digital Banking Solutions

Persistent Systems is now a Nacha Preferred Partner for digital banking solutions.

In becoming a Nacha Preferred Partner, Persistent joins a select group of innovators contributing to Nacha’s strategic efforts in support of the ACH payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for payments. 

“Our digital banking partners represent the industry’s leading technology providers,” said Nacha President and CEO Jane Larimer. “Our partners are dedicated to helping financial institutions of all sizes enhance the customer experience by leveraging cutting-edge technology solutions. Today we welcome Persistent Systems as our newest Preferred Partner for digital banking solutions.”

With a focus on credit unions and small- and medium-sized banks, Persistent Systems delivers digital business acceleration and enterprise modernization solutions to generate greater business value for its clients and across its partner ecosystem. Additionally, they help organizations quickly deliver digital solutions that transform how they engage and serve their members/customers using technologies such as artificial intelligence, machine learning and cloud computing.

“We’re seeing the entire banking sector transformed by emerging technologies and new fintech platforms,” said Jaideep Dhok, General Manager, Banking, Financial Services and Insurance at Persistent Systems. “Our digital banking and credit union solutions enable our clients to quickly implement new technologies to improve their customer and member experience and drive new revenue. Becoming a Nacha Preferred Partner enables us to work strategically across the broader financial services ecosystem to build innovative industry-wide solutions.”

Persistent Digital Bank Solution™ and Persistent Credit Union Solution™ will be featured in the Idea Lab at the upcoming Nacha Payments Innovation Alliance event Feb. 19-21 in Las Vegas.

To learn more about Persistent Systems and Nacha’s Preferred Partner Program today, visit www.nacha.org/Preferred-Partner

 

About Nacha

Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange within the U.S. and across geographies. Through the development of rules, standards, governance, education, advocacy, and in support of innovation, Nacha’s efforts benefit all stakeholders. Nacha is the steward of the ACH Network, a payment system that universally connects all U.S. bank accounts and facilitates the movement of money and information. In 2018, there were 27 billion ACH payments, and more than $51 trillion in value moved across the ACH Network. Nacha also leads groups focused on API standardization and B2B payment enablement. Visit nacha.org for more information, and connect with us on LinkedIn, Twitter, Facebook and YouTube.

 

About Persistent Systems

Persistent Systems (BSE & NSE: PERSISTENT) is a global solutions company delivering digital business acceleration and enterprise modernization for businesses across all industries and geographies.