Still manually processing ACH? You’ll fail in today’s same-day market.
- Filed under
- Automation Benefits
- Last updated
- Sep 21st, 2016
Kathy Hooker Burress explains how automation can help financial institutions stay compliant
The payments business model has changed drastically over the last 10 years. Thanks to new rules, credit unions face increased compliance and expectations from regulators. New payment methods, especially mobile, have also resulted in higher consumer expectations.
Embracing new Same-Day ACH requirements can help credit unions meet those consumer expectations, but trying to stay compliant using manual processing is setting up for failure.
In a recent CUtoday.info article, our president, Kathy Hooker Burress, explains how automation can be the key to staying compliant through regulation changes while exceeding high consumer expectations.
Visit CUtoday.info to read the article, today.