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Payments Pulse - January 31st Edition

Payments Pulse
Payments Pulse, January 31, 2019
The Clearing House
Payments Pulse

Payments Industry News

2019 Real-Time Payments Report

Source: Levvel Research

FRB Payments Study: 2018 Annual Supplement

Source: federalreserve.gov

2019 Social Security Benefit Payments Schedule

Source: ssa.gov


We Get Questions...

Q and A
Q.)  We are looking into identifying account holders who are federal employees and affected by the government shutdown. Is there an easy way to accomplish this in our ACH reports? Company Names and Company IDs? Any help is appreciated!
A.)  An Originator Status Code is included in the ACH File Batch Header Record and Government items have an indicator of 2. System permitting, you can also run a report by Company Name and/or Company Entry Description to further differentiate benefits from salary payments; however, there are no set government standards for these fields and you may not be able to recognize all salary payments.
Have a question for TCHPA? Call 800-875-2242 (choose option 3) or email education.services@theclearinghouse.org.

Upcoming Education

Members register at no charge! (Details below)

FEB
05

Business Continuity Planning – What’s in Your BCP?

Webinar
FEB
08

APRP Prep Talk: Steps to Preparing for the 2019 Exam

Webinar
FEB
12

Payments Thirty: Exception Handling of ACH Tax Payments

Webinar
FEB
12

AAP/APRP Recognition Day Virtual Alliance Meeting

Webinar
FEB
15

AAP Prep Talk: Steps to Preparing for the 2019 Exam

Webinar
FEB
26

BSA and e-Payments

Webinar

Save the Dates for our 2019 Concepts Payments Conferences!

(Choose from 3 locations)
Registration opening soon for:
  • Philadelphia, PA: September 18-19
  • Grand Rapids, MI: October 9-11

Have You Heard the News?

Your membership dues now entitle every employee in your organization to register for any TCHPA presented workshop, webinar or on-demand session at no extra charge. Our new education-inclusive dues structure eliminates the need for your team to use a credit card or input other payment details when registering for classes, which in turn will streamline accounting and make expenses more predictable.

Helpful Links

Still have questions? Order the 2019 Payments Priorities on-demand webinar highlighted below (at no charge, of course).

Your 2019 Payments Priorities

On-Demand Recorded Webinar

Our live January Trending Now webinar was recorded and can now be ordered from our On-Demand Library.

TCHPA’s Executive Director, Amy Smith, discusses the current payments landscape and top priorities for financial institutions and companies to help you wade through today’s innovation and chatter and set goals for success. Stay at your desk or set up the conference room and gather your entire team to kick off the new year together. Included is a discussion about TCHPA’s new Education-Inclusive Membership...a strategic move to ensure the best and brightest payments professionals in the nation.
Order Now

2019 NACHA Member Discount Code


As a member of The Clearing House Payments Authority, you are also entitled to member rates on the NACHA.org website. Each year NACHA assigns a new discount code and asks that prior to making a purchase on their site you update your profile with this information

Your 2019 NACHA Member Discount Code (MDC) is:

Protected content. Follow these steps to view: Login> My Account > Members Only

Website Username and Password

Set up is easy!

As a Financial Institution Member, you and your co-workers must create an account in order to register for training, purchase from the Store or view locked content on our site. Be sure to click on ‘Financial Institution Member’ when prompted for your membership type and then choose your FI name from the drop down list as you start typing in that field. It’s important to connect your new website profile to your financial institution’s member account. This is how you will qualify for discounted rates on purchases. For assistance, call 800-875-2242 (choose option 3) or email education.services@theclearinghouse.org.

Real-Time Payments

What's in it for you?

RTP Information Briefing – Los Angeles
Tuesday, February 19
8:30am – 4:30pm PT

RTP Information Briefing – Miami
Thursday, February 21
8:30am – 4:30pm ET
Delivering payments in real-time has potential to transform your customers' experience and improve your bottom line. But it also has major implications for your business. This focused, interactive forum is designed to provide a big picture context for senior bank and credit union executives and help you incorporate faster payments into your business strategy.

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

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Winston-Salem, NC 27107
United States

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