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| A Brief History of the ACH Network |
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The ACH (Automated Clearing House) Network
was originally developed in 1972, with a
nationwide version available by 1978. In 1980, the passage of the "Monetary Control Act" led the
way to ACH operators being allowed to compete directly with the FED (Federal Reserve Banks) for ACH
processing. The National Automated Clearing House Association (NACHA) manages the development, administration,
and governance of the ACH Network.
SBT Business Technologies first began providing ACH services in
1987.
So ACH has been around for quite a while but it didn't really start to catch on until the
late 1990's and early 2000's, as a much more convenient, secure, and cost-effective (pennies on the dollar)
means to make payments. The increasing cost of sorting, transporting, and archiving paper checks is making
a big push to handle these payments electronically. If you compare the costs of wiring funds versus an ACH
transaction to do the same exact thing, it's a "no-brainer". This has caused businesses to look
to financial institutions that provide ACH origination services.
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| A Few Words About Us... |
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Our Experiences
Since 1986, SBT has designed, developed, and supported ACH origination software, Cash Management software,
and ultimately Correspondent Banking software servicing nearly 3,500 financial institutions nationwide daily.
The bottom line is, we know ACH and have in-depth knowledge and experience from years of working closely with
our financial institution customers and their customers. We learn from our customers about how they use our
software and this vast customer base has provided many software enhancement suggestions that have been
implemented to improve the useability of our systems.
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Our Team
We are proud to have skilled developers with 100+ combined years of information technology
experience to develop, maintain, and support our complex ACH software solutions and services. Our
sales staff provides personalized service including free, online product demonstrations at your
FI's convenience. We are committed to educating your FI staff and guiding you through the
process of initial product set up and continued post-sale product support.
Our Mission
SBT Business Technologies' mission
is to be an affordable yet profitable provider of complex ACH software solutions and services that provide
strategic value to our financial institution customers and their customers. We will continually communicate
with and learn from our customers, in order to improve our products and services.
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Customer Support
At SBT Business Technologies, we value our customer relationships and realize that they are the key ingredients
to our success. Through our occasional follow-up with customers, we love to hear that "ease of use" and
"customer support" are at the top of our feedback list.
Contingency Planning
All of our servers are configured using dynamic IP technology that gives us the web-based control to
point our website at any available IP address that we choose. Our primary site has dual WAN
access from non-affiliated providers. If the primary connection fails for any reason, the secondary WAN connection
is automatically utilized. In addition, the primary site is protected against power outages by batteries and a natural gas generator. SBT Business Technologies also maintains offsite servers to provide backup in the case of
an outage at the primary site. The offsite servers are tested on a quarterly basis.
We've thought this out carefully so you can rely on us to provide consistent service.
Cutting Edge Technology
Recognized as an innovator and market leader, SBT Business Technologies delivers state of the art software
for back office systems. As new technologies and customer needs present themselves, SBT evaluates each one
for possible new products and services. Our servers employ state-of-the-art 256-bit encrpytion and require
each user to have a valid and current digital certificate. No certificate, no access. It's that simple.
Quality Control
SBT Business Technologies recognizes the importance of dependable and secure network systems. To that end,
we have made it our priority to deliver reliable tools that enable you to conduct business without any
reservations. All of our products undergo on-going testing to ensure security, functionality and overall quality.
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