Tag Archives: NACHA

Payments Exchange

Payments Exchange

New Transaction Liability Court rulings underscore the need for layered security systems By Cary Whaley How does the reversal by the U.S. Court of Appeal for the First Circuit of PATCO v. People’s United affect your community bank’s corporate online services? It signals a trend by several courts to rule against banks that fail to […]

The Time Is Now

Why saying ‘yes’ to same-day ACH settlement makes sense By Cary Whaley As I consider the Automated Clearing House (ACH) and the migration from next-day to same-day settlement, I am reminded of the biblically inspired lyrics from the 1960s song “Turn! Turn! Turn!” To everything … there is a season … and a time for […]

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