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Identify and analyze at least four digital payment concerns Centervale Apparel might want to consider in light of what you have learned from NACHA.

With the increasing use of digital payments and the decreasing use of  cash payments, enhanced digital security and tracking of financial  transactions have become significant aspects of many businesses. The  executive director of operations of Centervale Apparel has asked you to  research this issue and prepare a presentation for the executive  committee to educate them on these issues. You remember hearing that the  National Automated Clearing House Association (NACHA) is a leader in  this field and would be a good place to start your research.

Review the following:

  • NACHA – The Electronic Payments Association. (2011). News headlines. Retrieved from www.nacha.org

Using the Argosy University online library resources as well as NACHA’s Web site article to complete the following:

  • Describe NACHA and its role.
  • Examine and explain the Automated Clearing House (ACH), its role, and how it relates to NACHA.
  • List and explain the key participants in an ACH e-payment.
  • Describe the key initiatives currently underway at ACH.
  • Identify and analyze at least four digital payment concerns  Centervale Apparel might want to consider in light of what you have  learned from NACHA.
  • Use the Notes function in Microsoft PowerPoint to prepare detailed  speaker’s notes for your formal presentation to the executive committee.

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