NACHA Welcomes Representatives to the Newly Formed Board Advisory Group

Posted January 15, 2015

HERNDON, Va., January 15, 2015 – NACHA — The Electronic Payments Association today announced the appointment of representatives to the newly formed Board Advisory Group. The appointees will serve a two-year term, effective immediately.

The Board Advisory Group was created to provide a more formal mechanism for a variety of non-financial institution providers and users of the ACH Network to communicate directly with the NACHA Board of Directors. It is yet another way in which NACHA reaches out to various stakeholders across the payments industry. The group will dialogue with the NACHA Board and provide input and feedback on topics significant to the ACH Network and to those that use or support and enable ACH payments.

Appointees to the Board Advisory Group are:

•      Robert L. Fӧehl, Esq., vice president and general counsel, ACA International, the Association of Credit and Collection Professionals
•      Mary Ann Francis, executive business advisor, Global Treasury and Payments Solutions, Wipro Ltd.
•      Bill Phillips, group president, Enterprise Payment Solutions, ProfitStars – A Jack Henry Company
•      Joe Proto, CEO and chairman, Transactis
•      Wanda J. Rogers, deputy  commissioner for Financial Services and Operations, U.S. Department of the Treasury, Bureau of the Fiscal Service
•      Michelle A. Sirpak, director of Payment Operations, Kabbage Inc.
•      Thomas Spataro, CTP, FLMI, U.S. Treasurer, Computershare
•      Julie A. Walker, Senior Treasury Analyst & Card and Payments Specialist, Recreational Equipment Inc. (REI)

“Forming the Board Advisory Group is a natural progression of NACHA’s engagement of end user organizations and solution providers,” said Janet O. Estep, NACHA president and CEO. “The new group also is an outcome of the strategic priorities we identified in 2012 to help us ensure that ACH payments continue to meet the needs of businesses, consumers and government end users into the future.”

“These individuals bring varied experience, expertise and perspectives encompassing both consumer and corporate payment needs via mobile, online and physical channels in the U.S. and globally,” said Russell K. Oatman, NACHA Board Chairperson and senior vice president, division head, Corporate Treasury Services Group, First National Bank of Omaha. “I look forward to their feedback, advice and ideas on how we can leverage and strengthen the ACH Network in new ways.” 

About NACHA — The Electronic Payments Association
Since 1974, 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.

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