Herndon, Virginia, February 11, 2008 - The voting membership of NACHA—The ElectronicPayments Association has approved the Company Name Identification Rule, an amendment tothe NACHA Operating Rules that will enable consumers to more readily identify companies andother parties that are the sources of ACH transactions.
Please see the full press release here.
Clients are urged to call Alliance Support at (800) 932-8652 for more specific information on compliance.Paul