ACH Federal Company Overview and Value Proposition:
ACH Federal provides banks with a simple Web-based technology platform to securely process ACH transactions through a terminal that provides direct access to the Federal Reserve. The outsourced solution enables banks to mitigate risk, reduce costs and drive better organizational efficiency. The automated platform meets the highest federal security standards, and uses multi-factor authentication and best-of-breed data encryption technology for all transactions. Founded in 2007, the company is privately-held and based in Chattanooga, TN.
ACH Federal provides a simple and secure Web-based solution for mid-tier and community banks to reduce the risk from processing electronic payments, while decreasing costs, increasing efficiency and leveling the playing field to compete against larger financial institutions.