ACHZone

Your Catalyst for All Things ACH.


News

  • February 21, 2018 ACH On-Line, Dual Control and Fraud Prevention
    Strong ACH controls and procedures help reduce fraud. On the other hand, lax credit union controls and procedures can lead to monetary loss and decreased member confidence. To reduce fraud and mitigate risk, Catalyst Corporate reminds credit unions to monitor ACH origination transactions in ACH On-Line.
     
  • December 04, 2017 Part 6: Fed Settlement
    In 2017, the ACH Advisor published a six-part series detailing the ACH cycle. Facts, rules, codes, charts and helpful hints will be available for those who process, post, return and balance ACH transactions. As series concludes, content can be found in TranZact as a reference guide for ACH personnel. Part 6 addresses Fed settlements.
     
  • October 18, 2017 Part 5: Dishonored and Contested Dishonored Returns
    In 2017, the ACH Advisor will publish a six-part series detailing the ACH cycle. Facts, rules, codes, charts and helpful hints will be available for those who process, post, return and balance ACH transactions. At the end of the series, content will be posted in TranZact as a reference guide for ACH personnel. Part 5 addresses dishonored and contested dishonored returns.
     
  • August 09, 2017 Same Day ACH Testing
    Starting September 15, 2017, stale dated items (non-IAT and under $25,000) sent to the Fed via Catalyst Corporate by 12:45 p.m. CT will be considered Same-Day items.
     
  • August 09, 2017 Part 4: RDFIs and Receivers
    In 2017, the ACH Advisor will publish a six-part series detailing the ACH cycle. At the end of the series, content will be available in TranZact as a reference guide for ACH personnel. Part 4 outlines the roles of Receiving Depository Financial Institutions (RDFIs) and their responsibilities and relationship to other ACH participants.