Payments Industry Updates | Audit & Compliance

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Are You Using FedPayments Reporter Service?

The FedPayments® Reporter Service for FedACH enables financial institutions to automatically search ACH files for valuable information such as return items, DNE entries, IAT transactions, and financial EDI messages. This data can then be converted into human-readable reports and distributed within your institution or out to your business customers. Reports on financial EDI messages can help your customers match ACH payments to documentation, such as invoices or payroll records.

The service is only available via the FedLine Web® or FedLine Advantage® Solutions. View the FedPayments Reporter Service for FedACH product sheet (PDF) to learn more about the benefits or request that the Fed contact you regarding your interest.

Click Read More below for more information.

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