NEACH Presents Payment Insights 2008 - “Innovating in a Challenging Environment”

Strategic Insights from NACHA Board Members, Federal Reserve Executives, and Other Industry Experts

Burlington, MA - October 21, 2008 – NEACH (New England Automated Clearing House) presents its annual executive payments conference, Payment Insights 2008, in the midst of extraordinary industry change. This important conference will be held on November 4 - 5, 2008, at the Sheraton Colonial Hotel, Wakefield,  MA. Program sessions include keynote presentations, panel discussions, and “deep dive” presentations on topics that executives and other payments professionals need to know, focusing on the Payments Business, Strategic ACH initiatives, and Payments Strategy.

“We are delighted to have Donald Hammond, Deputy Director, Division of Reserve Bank Operations and Payment Systems, Board of Governors of the Federal Reserve System, Deborah Bianucci, CEO of BAI, and NACHA Board members as key conference speakers,” stated Linda O’Hara, NEACH CEO. “They will present our members with needed insights into critical payments and ACH issues in this turbulent time.”

NEACH’s Breffni McGuire, Senior Director of Payments Strategy added, “This year is becoming increasingly more difficult for financial institutions.  At Payment Insights, we bring in the experts who know the landscape and can share their views both on where we’re headed and what strategies are required to compete.”

The three-track program deals with strategic payments issues:

• The Payments Business - covers change and risk in payments including increased regulation and oversight, best practices and strategy, managing third party relationships, and innovation.
• Strategic ACH Initiatives – evaluates emerging market developments including international ACH, NACHA pilot programs, and risk management in the retail payments arena.
• Payments Strategy – offers a solid foundation for looking at contingency planning, remote deposit capture for consumers as well as businesses,  mobile banking strategies, and the usefulness of social networking for payments purposes.

Senior executives and leaders from various payments arenas representing financial institutions, corporations, and regulatory bodies will share their views on directions, opportunities, observations, and results. Professionals from many areas will find the information thought-provoking and actionable. Bankers, cash managers, and technologists alike will benefit from the conference.

Find out more and view the entire program - Payments Insights 2008.

About NEACH (www.neach.org)

The New England Automated Clearing House (NEACH) is a non-profit association that helps members originate and receive ACH transactions and provides products, services, education, and marketing to its member institutions and other New England entities engaged in the ACH in order to increase the acceptance, use, and quality of electronic transactions.

The ACH Network

The ACH Network is a processing and delivery system that provides for the distribution and settlement of electronic credit and debits among financial institutions.

Business contact:
Breffni McGuire

Senior Director, Payments Strategy

781-321-1011

bmcguire@neach.org

Press contact:

Ray Graber

Graber Associates LLC

781-221-0018

ray@graberassociates.net