NACHA - the Electronic Payments Association, in conjunction with its 19 regional payment associations across the United States, will acknowledge the more than 3,500 accredited automated clearing house professionals (AAPs) on Feb. 10, 2009.
The event will celebrate their significant contributions to financial institutions and the ACH network. NACHA and its regional associations will honor all AAPs with a gift and acknowledgement letter.
"With our National AAP Recognition Day, we congratulate AAPs for their achievements and recognize their contribution in helping us maintain a [trusted] ACH network," said Jane Estep, NACHA's President and Chief Executive Officer. "So we are asking senior management at organizations with one or more AAPs on staff to publicly acknowledge their accomplishments and the benefits they bring to their companies."
AAP-credentialed staff help keep companies at the top of the information chain regarding changes and updates to NACHA operating rules in addition to federal and state regulations affecting the payments industry. In-house AAP professionals improve operational efficiency, risk management, regulatory and rules knowledge, and customer satisfaction, NACHA noted.
"Four of our regional associations, the Mid-America Payment Exchange, Southwest ACH, the Upper Midwest Association and the Wisconsin ACH Association began this program in 2006 as a way to honor AAPs in their regions," said Scott Lang, Senior Vice President of Association Services at NACHA. "They felt it would be appropriate to bring it to us and avail all the regional associations to participate as well."
Lang added that NACHA plans to build on this program in the coming years and continue to acknowledge the vital role AAPs play in the payments sphere. "In essence, they are not only benefiting themselves and their companies, but they are also benefiting the ACH network and all its participants. When you have practitioners with that kind of expertise, it all goes back to making the network safer and more efficient."
For more information on National AAP Recognition Day, visit www.nacha.org.
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