ACH Federal announced tremendous growth in new customers and transaction processing since the company formally launched on January 7, 2010. The company has added more than 20 financial institutions and 15 direct small business customers since January 2010 with an increase in transaction volume of 77 percent.

Source: PRWeb

ACH Federal is featured as a market player in this report which outlines cloud computing in the payment services industry. Cloud-based services have broken down the traditional barriers to entry for small and midsize businesses (SMBs) and are forecasted to see a 10.5% annual growth rate in the next four years.

Source: Gartner, Inc.

Source: The PayPers

New England Bank of Connecticut has announced they will offer customers electronic payment services provided by ACH Federal. The ACH Federal platform utilizes dual-file approval systems, multi-factor authentication, and data encryption technology for its automated clearinghouse transactions.

Source: American Banker By Daniel Wolfe (PDF)

New England Bank will employ the expertise and services of ACH Federal to provide automatic clearinghouse transactions to customers. Initiated online, the payments service will be fast, secure, and easy to use.

Source: Bank Systems & Technology

ACH Federal will now provide automated clearing house services for customers of New England Bank. The Web-based service will allow for easy and secure business transactions, including direct deposits and payroll.

Source: Hartford Business Journal

New England Bank of Enfield, Connecticut is now working with ACH Federal as a provider of automated clearinghouse transfers for customers.

ACH Federal provides automated clearing house processing, which connects banks who do not currently have the ability to process with a sponsor bank that does. Through their system, payments such as electronic checks, tax payments, and direct deposits can be made.

ACH Federal is introducing a merchant-referral partner program in which ISOs can refer customers for electronic transaction services. The ISOs that choose to partner with ACH Federal will receive a residual for referring clients.

ACH Federal’s merchant services suite includes debit and credit card transaction processing for small business customers.

ACH Federal formally announced the launch of their web-based automated clearing house processing and merchant solutions.