ACH Direct VP Awarded Scholarship To NACHA'S Payments Institute.ALLEN, Texas Allen is a city in Collin County and a northern suburb of Dallas, Texas (USA). As of the 2000 census, the city had a total population of 43,554. As of April 2007, the city's population is estimated at 77,465. -- ACH Direct, Inc., a leading technology provider of Automated Clearing House See ACH. (ACH), credit card and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. transaction processing and risk management services, today announced that its Vice President of Marketing, Deborah Matthews, AAP AAP - Association of American Publishers , has been awarded a scholarship to NACHA's Payments Institute. SWACHA-The Electronic Payments Resource awarded the scholarship. "It is a privilege to award Deborah with this opportunity for advanced payments knowledge," stated Dennis Simmons, AAP, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SWACHA. "Her selection as a scholarship winner reflects her commitment to the financial industry." The Payments Institute is an intensive, five-day course sponsored by NACHA NACHA National Automated Clearing House Association NACHA National Agency Clearing House Association . Held in two locations annually, the curriculum covers an array of payments industry topics, such as Automated Clearing House (ACH), card systems, electronic check, international payments, risk management and emerging issues. "It is an honor to be selected as the recipient of the SWACHA scholarship to The Payments Institute. This is a unique opportunity for professional development," said Matthews. "The payments industry is so dynamic, requiring continual education to maintain leadership in the marketplace. I'm looking forward to gaining fresh insight that I plan to share with my co-workers and ACH Direct's customers." The scholarship selection criteria included experience in the financial services arena, service to the electronic payments industry and the nominee's essay. "The field of candidates nominated for this honor represented many leaders in our industry and was very competitive," added Simmons. "This honor is indicative of ACH Direct's commitment to providing leadership in the ACH community, as well as our dedication to providing our customers with expertise and the most current information available," said ACH Direct's President and CEO, Jeff Thorness. About ACH Direct ACH Direct is one of the fastest growing privately held electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. processors in the United States, with over $5 billion in transactions processed in 2005. ACH Direct's customers benefit from a comprehensive suite of payments products and services, including ACH origination, check verification, identity verification, credit card and debit card processing. Dedicated to providing superior customer service and industry-leading technology, ACH Direct provides tools to help organizations of all sizes reduce transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , mitigate risk and increase efficiencies. Visit www.achdirect.com. |
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