Question
With the growing use of digital payments and the decreasing use of cash payments, improved digital security as well as tracking of financial transactions have become important aspects of many businesses. The administrative director of operations of Centervale Apparel has asked you to research this issue and prepare a presentation for the administrative committee to educate them on these issues. You evoke hearing that the National Automated Clearing House Association (NACHA) is a leader in this field as well as would be a good place to start your research.
Review the following:
•NACHA - The Electronic Payments Association. (2011). News headlines. Utilizing the Argosy University online library resources as well as NACHA's Web site article to complete the following:
•Explain NACHA and its role
•Examine as well as explain the Automated Clearing House (ACH), its role and how it relates to NACHA
•List as well as explain the key participants in an ACH e-payment
•Explain the key initiatives currently underway at ACH
•Identify as well as analyze at least four digital payment concerns Centervale Apparel might need 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
Develop a 3-5-slide presentation in PowerPoint format. Add speaker notes. Apply APA standards to citation of sources