2011 will be all about “mobile, mobile and mobile,” American Bankers Association official says. U.S. banks are expected to up their investments in ACH innovation and security in 2011. Steve Kenneally is vice president of the Center for Regulatory Compliance within the Financial Policy and Regulatory Affairs division of the ABA. He says ACH and debit transactions are opening doors for mobile, especially where online bill payment is concerned. ACH has grown about 9 percent per year, according to transaction volume, from 2006 to 2009.”]
Source: https://www.fraudtoday.io/electronification-payments-a-3237