NACHA Selects JPMorgan, Wells Fargo and TeleCheck For 2003 Kevin O'Brien ACH Quality Award; Awards Demonstrate Quality Processing of E-Checks

Posted April 28, 2003

ORLANDO, Fla. -- NACHA - The Electronic Payments Association has selected JPMorgan Chase ACH

Cisco Systems Achieves 96 Percent Direct Deposit Participation, Receives NACHA's 2003 Payments System Award

Posted April 28, 2003

ORLANDO, Fla., April 28 -- NACHA - The Electronic Payments Association presented the 2003 George

ODFI Liability for Breach of Warranty

Posted March 28, 2003

The question relates to whether an ODFI’s liability for a breach of its warranty that an ACH entry is authorized is limited to the period of time in which an RDFI has the right to return the entry through the ACH Network (i.e., sixty days after the settlement date of the entry for consumer transactions and two days after the settlement date of the entry for non-consumer transactions) or whether this liability exists for a longer period of time.

Telephone-Initiated (TEL) Entries

Posted September 19, 2002

This Operations Bulletin is intended to identify specific risk management concerns related to the origination of TEL entries and to clarify key rules obligations with respect to proper authorization and use of the TEL application. 

NACHA Selects Capital One, Tower Federal Credit Union and Wells Fargo For 2002 Kevin O'Brien ACH Quality Award

Posted April 22, 2002

NACHA – The Electronic Payments Association has selected Capital One Financial Corporation, Tower

NACHA Presents Payments System Awards to ADT Security Services and TexasOnline

Posted April 15, 2002

DALLAS, April 15  -- NACHA - The Electronic Payments Association will present the 2002 Georg

NACHA Presents Payments System Awards to U.S. Treasury And Cleveland Direct Payment Program

Posted April 24, 2001

WASHINGTON, April 24 -- NACHA - The Electronic Payments Association will present the 2001 Ge

HUD, Paychex, Inc. to Receive Payment Systems Awards from NACHA

Posted April 11, 2000

LOS ANGELES, April 11 -- The U.S.