Secure Payment Systems ("SPS") today announced the acquisition of Houston-based EZCheck LLC. a leading national provider of electronic check approval, check conversion, and ACH processing services.
Late in 2016 NACHA implemented new operating rules for its' member banks to install a process for receiving banks (RDFI's) to not delay (until later that night) posting of credits (beginning Sept 2016) and debits (beginning Sept 2017) for transactions that they receive from originating banks (ODFI's)...
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