The Affiliate Membership Program of NACHA – The Electronic Payments Association has elected Mark Webster, CPA, CCM, a Partner with PricewaterhouseCoopers Management Consulting Services practice in Cleveland, Ohio, as Chairman of its Steering Committee. Webster succeeds Thomas J. Patrick of Sheshunoff Information Services, Inc.
“There is a quiet revolution going on in the payments industry,” said Webster. “Companies are exploring the use of new payments applications, and payment service providers are exploring new opportunities. NACHA’s Affiliate Membership Program is an excellent channel for companies to learn how developments in the Automated Clearing House Network will impact their businesses.”
Webster is a Partner in the PricewaterhouseCoopers’ Management Consulting Services practice focused on the financial services industry. He has over 25 years of experience in banking operations, payments systems, and treasury management. He also serves on NACHA’s Rules and Operations Committee.
“Mark Webster is a payments industry veteran,” said Elliott C. McEntee, President and Chief Executive Officer of NACHA. “He will provide strong leadership to NACHA’s Affiliate Membership Program as it seeks to expand its representation of corporate users of ACH products and services.”
NACHA’s Affiliate Membership Program now counts over 200 member organizations active in electronic payments. The program was established in 1986 to bring together companies that use the Automated Clearing House (ACH) Network. Membership provides the opportunity to influence the development of ACH rules, guidelines and practices. Membership has soared over the last two years from 140 to more than 200 organizations. The Affiliate Membership Program’s web site is .
Also elected to the Steering Committee for two-year terms were Bill Brushwood, Director of Product Management, CheckFree Corp.; Deborah Buckland, Product Manager, Payment Systems, Brokat Financial Services; Donald L. Hollingsworth, Assistant Treasurer, Ameren Corp.; David G. Pinch, Manager-ENS, PAYCHEX, Inc.; and Sandra L. Runyon, AAP, CCM, Associate Director, Electronic Remittance Operations, SBC Services, Inc. Thomas J. Patrick continues on the Steering Committee as the Past Chairman.
The ACH Network serves 20,000 financial institutions, 3.5 million businesses, and 100 million individuals. The ACH Network is commonly used for Direct Deposit of payroll and government benefits such as Social Security, Direct Payment of consumer bills, business-to-business payments, federal tax payments, and, increasingly, e-checks and e-commerce payments. In 2000 there were 6.9 billion ACH payments made worth more than $20 trillion.
About NACHA – The Electronic Payments Association
NACHA is the leading organization in developing electronic solutions to improve the payments system. NACHA represents more than 12,000 financial institutions through direct memberships and a network of regional payments associations, and 650 organizations through its industry councils. NACHA develops operating rules and business practices for the Automated Clearing House (ACH) Network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), e-checks, financial electronic data interchange (EDI), international payments, and electronic benefits transfer (EBT). Visit NACHA on the Internet at [www.nacha.org].