The Automated Clearing House (ACH) system is a secure, private network that connects banks to one another by way of the Federal Reserve Board or other ACH operators. This network enables electronic ...
However, the Clearing House downplayed the problem, telling CNN on November 4 that the issue “impacted less than 1% of the daily ACH volume in the United States.” That means hundreds of thousands of ...
The Automated Clearing House (ACH) system is a secure, private network that connects banks to one another by way of the Federal Reserve Board or other ACH operators. This network enables electronic ...