Catalyst News

Catalyst Corporate Launches New ACHOne Platform

by Catalyst Corporate | Oct 09, 2020

It’s official…ACHOne is now live!

Over the last six months, Catalyst Corporate – along with hundreds of credit unions – participated in the roll out of this innovative, new ACH platform.

The journey to ACH innovation is complete, as 600 member credit unions have transitioned to ACHOne. This state-of-the-art system serves as a single consolidated hub for all credit union ACH needs, including origination, receipt, returns and same-day transactions.

Training, which has been underway since late July, is also complete. In total, the Catalyst Corporate Training Team completed 30 training sessions with over 2,400 participants.

With this advanced new platform, users can now enjoy a host of features and benefits, including:

  • Single sign-on access through Catalyst Corporate’s TranZact portal
  • An integrated dashboard to manage all ACH activity
  • Automated FTP transfers for ACH origination, receipt and return items
  • Import options for Nacha and Excel files
  • Customizable user permissions
  • Step-by-step “wizard” guidance for easy transaction and template entry
  • Ability to schedule recurring transactions
  • Email notifications
  • Powerful research capabilities with an expansive data archive of up to six years of transaction history

The ACHOne platform is credit union-owned and operated. In May 2020, Catalyst Corporate purchased Georgia-based Aptys Solutions, a leading provider of electronic payments solutions. Aptys Solutions currently serves 4,000 financial institutions nationwide.

In addition to ACH, Aptys Solutions’ versatile consolidated payments platform includes wires, check processing and person-to-person (P2P) payments through its PayMōli app. Catalyst Corporate recently announced its plans to make the PayMōli P2P app available to credit unions later this year.

For more information on Catalyst Corporate’s new ACH service offering, ACHOne, contact us today.