When money moves electronically between banks and credit unions, it could be zipping along thanks to a process known as an ACH transfer. The Automated Clearing House network plays a critical role in ...
Internet bill payments were the lone stars of electronic checks in the first quarter, a quarter that saw volumes on all other e-check applications either decline or barely rise from fourth-quarter ...
Growth of automated clearing house transaction volume fell to single digits last year as the recession slowed payments activities and electronic check formats matured. The big banks that posted ...