IBM helps the Federal Reserve modernize...

IBM helps the Federal Reserve modernize payments system #cognitivecomputing

IBM helps the Federal Reserve modernize...

IBM announced today that the Federal Reserve Bank of Atlanta’s Retail Payments Office has selected IBM to modernize its automated clearing house (ACH) processing platform. When conducting ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit, bill payments) clear and settle between commercial banks

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