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New England Bank selects ACH Federal for payment processing services

Friday 26 March 2010 11:56 CET | News

Online payment processing services provider ACH Federal has closed a deal with the US-based New England Bank to provide the latter’s customers with its Automated Clearing House (ACH) services via a web-based platform.

The service is set to enable New England Bank’s clients to conduct their personal and business transactions such as payroll, recurring payments and direct deposit through its web site that will be powered by ACH Federal.

ACH Federal’s platform uses dual-file approval systems, multi-factor authentication and data encryption technology for all transactions.

ACH Federal will begin processing with New England Bank on April 1, 2010.

 


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Keywords: ACH Federal, New England Bank, Automated Clearing House services, online platform, online banking
Categories: Banking & Fintech
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Countries: World
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