February 27, 2012
As I’ve written many times before: It is “the sheer number” of diverse, yet interdependent, mobile payment stakeholders in the United States that prevent any tangible advancement in making mobile payments a reality. Anyone who manages by consensus knows that the process is sluggish, messy and complex. And the more there is to lose, the […]
April 5, 2011
The last thing I want to see at the NACHA Board of Directors table is Wal-Mart–as noted in the article found below (copied for your reading pleasure from today’s American Banker). Directors of any organization have a responsibility to do what is in the interest of the organization, not push individual agendas. The concept that […]
August 25, 2010
Both NACHA and the Risk Management Group have done a lot of work to help create the subsequent rule changes that have reduced return item risk and volumes. So I did some investigation to understand how eGistics came up with their numbers and cross-referenced to the return numbers tracked and published by NACHA--the organization responsible for establishing and enforcing adherence to ACH rules.