FedACH® Services
FedEDI® Plus Service changing name to FedPayments® Reporter
January 15, 2012
To better reflect the broad FedACH® Services reporting capabilities of the FedEDI Plus Service, in the first quarter of 2012 the name of the service will be changed to FedPayments Reporter.
In addition to EDI data conversion reports such as the Remittance Advice Summary Report, the service generates automated, non-EDI ACH reports such as the following:
- Return Ratio Report
- International (IAT) Report
- ACH Routing Number Activity Report
The service’s name on all FedLine® access solution screens, in all documentation, on all FRBservices.org Web pages and on all reports will change to reflect the new name. The name is the only aspect of the service and its functionality that will change. The service will continue to generate all established reports for current users as it does today.
Service details such as which reports are appropriate for corporate accountholders, how to facilitate population of reports to Internet banking cash management portals and how to incorporate ACH items not processed through FedACH Services into reports are available on the FedEDI Plus Service page.
Those interested in learning more about the service can register for the Activate Automated FedACH Reporting with FedEDI Plus teleseminar.
Additional information regarding the name change will be communicated as the implementation date for the change nears.
Announcement
To better reflect the broad FedACH® Services reporting capabilities of the FedEDI® Plus Service, in the first quarter of 2012 the name of the service will be changed to FedPayments® Reporter. The name is the only aspect of the service and its functionality that will change. Those interested in learning more about the service can register for the Activate Automated FedACH Reporting with FedEDI Plus teleseminar or visit the FedEDI Plus Service page.
