ePayResources Marks 50th Anniversary
DALLAS, July 9, 2024 (Newswire.com) - ePayResources, a Payments Association headquartered in Dallas and serving over 1,300 financial institutions and businesses in 25 states, marks its 50th anniversary today.
“We are proud and delighted to have been empowering our members to be informed, compliant, and competitive in payments for 50 years,” said Jeff Foote, CTP, President and CEO. “This milestone is a reflection of our longstanding relationships with our members; together we have been the stewards of tremendous growth and improvement in the payments industry. We also recognize with gratitude the immeasurable impact of past leaders on the success of our members, including Laura Steele, Dennis Simmons, and Norman Robinson.”
On July 9, 1974, the Southwestern Automated Clearing House Association (SWACHA), a predecessor organization of ePayResources, incorporated in Texas. SWACHA joined the National Automated Clearing House Association (now Nacha) that year to support member financial institutions in the Southwest in their use of the nascent ACH Network. EastPay, another predecessor of ePayResources, was incorporated in Virginia in 1976 as the Virginia Automated Clearing House Association (VACHA). In 2016, SWACHA and EastPay merged to form ePayResources.
“We are grateful to all our members for their participation and engagement over the years, which has driven our evolution from supporting only ACH to including checks, wire, card, RTP®, FedNow®, and other emerging payments technologies,” said John Ory, Senior Executive Vice President of Austin Bank and Chairman of the ePayResources Board of Directors. “I am honored to serve on this Board that ensures that ePayResources’ continued growth and strategic direction put the needs of our members first. We look forward to providing value to industry stakeholders for many more years to come.”
ePayResources is also the parent company of its wholly owned subsidiary, ePayAdvisors™, which provides payments-related audits, risk assessments, and consulting services to financial institutions and businesses.
About ePayResources: ePayResources® has been empowering financial institutions and businesses to be informed, compliant, and competitive in payments for 50 years. As an innovative Payments Association and a founding sponsor of the Center for Payments, we provide emerging and legacy payments expertise, professional development, and industry leadership through education, publications, compliance support, risk management, and advocacy. Our staff of nationally accredited payments and risk professionals provides situational analysis and response guidance on our Payments Answerline™ and keeps you informed of industry developments that impact operational processing, fraud detection, and your bottom line. Our subsidiary, ePayAdvisors™, provides payments audits, risk assessments, and consulting. Visit epayresources.org and follow us on X (@ePayResources_), LinkedIn, Facebook, Instagram, and YouTube. Our podcast, The Payments Space™, can be found on Spotify, Apple Podcasts, and Google Play.
Source: ePayResources
