ACH Payroll Processing & Fedwire Blog

ACH Payroll Processing & Fedwire Blog

  • Cachet Financial Services Enjoys Rising Profile

    Cachet Financial Services Enjoys Rising Profile

    Date : Monday, August 28, 2017

    Fast-Growing ACH Firm Makes Google’s First Page of Results in Wake of Trademark Dispute

    Cachet Financial Services, a subsidiary of FGB Holdings, celebrated a recent jump in ranking to Google’s front page in the wake of a recent court case in which Cachet successfully defended its trademark.

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  • Processing Payroll ACH in a Pinch: Example of Cachet Adding Value

    Processing Payroll ACH in a Pinch: Example of Cachet Adding Value

    Date : Friday, August 04, 2017

    Two weeks ago, a major cloud human capital management (HCM) system went down for 9 hours. The outage lasted from 2pm to 11pm Eastern Time, during a large portion of daily processing time. Because this was pretty close to a worse case scenario, Cachet Financial Services stepped up to serve our clients and here is what they had to say. ..


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  • Federal Reserve Warning: Fraudulent FedACH Payment Activity

    Federal Reserve Warning: Fraudulent FedACH Payment Activity

    Date : Monday, July 17, 2017

    According to the Federal Reserve, there has been a recent increase in fraudulent payment activity in the FedACH® network. Unauthorized debits, including consumer bill payments and other larger dollar items possibly including ACH direct deposits for payroll, have been originated using Federal Reserve Bank routing transit numbers as the receiving institution. These debits have been returned through the normal ACH return process, using a “R03 – No Account/Unable to Locate Account” return reason code. ..


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