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Payments Pulse
The Clearing House
Payments Pulse

Industry News & Resources

How Much Control Should People Have Over Their Financial Data

Source: American Banker

Prepaid Cards Help DoorDash Meet Unbanked Gig Workers' Payment Needs

Source: Pymnts.com

WSUD (TCHPA Sample) (TCHPA)

Revised January 2022

4Q 2021 ACH Network Volume Statistics

Source: Nacha

Direct Deposit Without a Voided Check? Absolutely!

Source: Nacha
2020 ACH Rules

Onward and Upward!

Amy L. Smith, AAP, CAE

Vice President and Executive Director
The Clearing House Payments Authority

March 13th of 2022 will mark two years since the world declared COVID-19 a pandemic and most of us packed up our desk and headed home. I kept thinking how about the business continuity and contingency planning training we have presented over the years. Countless times we delivered the words “pandemic” and “prepare” in the same sentence because the show must go on. And to say I am proud is an understatement. Proud of you, our member banks and credit unions, who continued to handle daily payments processing in spite of some significant hurdles. Seems so long ago you were calling for guidance on stimulus payments, fraudulent unemployment payments and PPP loans. And proud of the team here at TCHPA, who have truly proved their role as your trusted advisors, educators and go-to experts.

2020 ACH Rules

Most of you have established personal resolutions for the New Year and identified key priorities for your organization too. I’d like to share a few of my goals for the year and invite you to consider the same: Be Present. Lean in. Learn more. Listen more. Talk less. I guarantee you, and those around you (personally and professionally), will benefit. Welcome to 2022. Let’s do this!

Posting ACH Credits Prior to Settlement

We’ve fielded numerous questions from members recently about the consequences and risk related to making payroll and other ACH credits available to account holders prior to settlement date. With this in mind, we recommend the following on-demand recorded webinar:

Considerations of Posting ACH Credits Prior to Settlement
Competitive edge or point of no return? An RDFI’s exposure only extends to the amount of funds it has made available before settlement is final. Learn the risks of posting ACH credits prior to the Settlement Date and how financial institutions can mitigate them.

Order Now
2020 ACH Rules

Save the Date for Concepts 2022

We’re planning a return to a live, in-person conference! Mark your calendars. The conference website is now live. Details will be added throughout the year as they become available.

Concepts 2022
October 19-21
Ann Arbor, MI

Payments Education

February Scheduled Webinars:

FEB
8

AAP Recognition Day Virtual Alliance Meeting
(Member AAPs Only)

FEB
8

Corporate Essentials: Originator Roles & Responsibilities

FEB
8

AAAP – Is it Right for Me?

FEB
15

Corporate Essentials: ACH Risk Management

FEB
22

Business Continuity Planning for FIs

New On-Demand:

Reg E Key Issues Regarding Errors and Unauthorized EFTs



Resources:

TCHPA Recommended Learning Paths for 2022



What Members are Saying…

“I know I can count on TCH for answers to my questions and expertise. I got busy and put learning aside, but I’m definitely going to get back in the habit of attending webinars and will share the Learning Plan with my staff and require them to attend too!”

Member Support

TCHPA Fact Sheet

Remember, when you need support from The Clearing House Payments Authority (TCHPA), you can reach our Member Services staff directly by calling 800-875-2242 and choosing option 3, or by emailing education.services@theclearinghouse.org. Although our staff is working remotely due to the COVID-19 pandemic, we’re still available to provide the support you need in a timely manner!

Professionals in every trade have an association they rely on for industry expertise, support and resources. We're the Association for Payments People.

Copyright © 2022 The Clearing House Payments Company L.L.C.
115 Business Park Dr.
Winston-Salem, NC 27107
United States

The Clearing House
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