SWACHA CEO Dennis Simmons Elected to NACHA Board of Directors
Dallas, TX, November 18, 2011 --(PR.com)-- Dallas-based SWACHA, one of the largest not-for-profit regional payment associations in the country, announced today that Dennis Simmons, AAP, President and CEO, has been elected to the NACHA Board of Directors for a three-year-term, effective January 1, 2012.
NACHA is a national payment association that manages the development, administration, and governance of the ACH Network, the backbone for all electronic movement of money and data.
The 19-member board, which is comprised of executives from NACHA member financial institutions as well as its 17 regional payment associations, provides leadership and direction to serve more than 10,000 financial institutions nationwide.
“I am deeply honored to have the opportunity to serve on the NACHA Board of Directors alongside the most distinguished leaders in the electronic payments industry,” said Simmons. “The use of electronic payments through debit and credit cards, mobile banking and Direct Deposit is steadily becoming the mainstay of how payments are made throughout the world. I look forward to serving in a capacity that will help our industry develop strategies and policies to help nurture and safeguard this growth.”
About SWACHA:
SWACHA-The Electronic Payments Resource®, is one of the largest not-for-profit regional payments associations in the country with approximately 1,100 members across the Southwest. SWACHA is the resource of choice for financial institutions and corporations in the areas of education, training, payments system risks and knowledge about electronic payments.
For more information visit:
Web: www.swacha.org
Facebook: www.facebook.com/bringingpaymentstogether
Twitter: @SWACHA
About NACHA:
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. The ACH Network serves as a safe, secure, reliable network for direct consumer, business, and government payments, and annually facilitates billions of payments such as Direct Deposit and Direct Payment. Utilized by all types of financial institutions, the ACH Network is governed by the NACHA Operating Rules, a set of fair and equitable rules that guide risk management and create certainty for all participants. As a not-for-profit association, NACHA represents more than 10,000 financial institutions via 17 regional payments associations and direct membership. Through its industry councils and forums, NACHA brings together payments system stakeholders to enable innovation that strengthens the industry with creative payment solutions. To learn more, visit www.nacha.org, www.electronicpayments.org, and www.payitgreen.org.
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NACHA is a national payment association that manages the development, administration, and governance of the ACH Network, the backbone for all electronic movement of money and data.
The 19-member board, which is comprised of executives from NACHA member financial institutions as well as its 17 regional payment associations, provides leadership and direction to serve more than 10,000 financial institutions nationwide.
“I am deeply honored to have the opportunity to serve on the NACHA Board of Directors alongside the most distinguished leaders in the electronic payments industry,” said Simmons. “The use of electronic payments through debit and credit cards, mobile banking and Direct Deposit is steadily becoming the mainstay of how payments are made throughout the world. I look forward to serving in a capacity that will help our industry develop strategies and policies to help nurture and safeguard this growth.”
About SWACHA:
SWACHA-The Electronic Payments Resource®, is one of the largest not-for-profit regional payments associations in the country with approximately 1,100 members across the Southwest. SWACHA is the resource of choice for financial institutions and corporations in the areas of education, training, payments system risks and knowledge about electronic payments.
For more information visit:
Web: www.swacha.org
Facebook: www.facebook.com/bringingpaymentstogether
Twitter: @SWACHA
About NACHA:
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. The ACH Network serves as a safe, secure, reliable network for direct consumer, business, and government payments, and annually facilitates billions of payments such as Direct Deposit and Direct Payment. Utilized by all types of financial institutions, the ACH Network is governed by the NACHA Operating Rules, a set of fair and equitable rules that guide risk management and create certainty for all participants. As a not-for-profit association, NACHA represents more than 10,000 financial institutions via 17 regional payments associations and direct membership. Through its industry councils and forums, NACHA brings together payments system stakeholders to enable innovation that strengthens the industry with creative payment solutions. To learn more, visit www.nacha.org, www.electronicpayments.org, and www.payitgreen.org.
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Contact
Granado Communications Group
Chris Martin
214-599-8467
www.swacha.org
Chris Martin
214-599-8467
www.swacha.org
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