Paycom, a leading provider of human capital management technology, was honored by EPCOR® – Electronic Payments Core of Knowledge – as the David P. DeMarea Payments Innovation Award recipient at the annual EPCOR Payments Conference.
Paycom was recognized for its cutting-edge human capital management technology and its comprehensive Automated Clearing House (ACH) Risk Management Policy that addresses client due diligence practices for the on-boarding of new clients, establishment of ACH exposure limits and ongoing monitoring and reporting of client activities. Paycom also exhibits a strong “Go Green” philosophy and is active in the promotion of Direct Deposit via ACH.
“We are honored to receive the 2013 David DeMarea Payments Innovation Award,” said Director of Banking, Tom Bubb. “We have worked very hard to develop a strong risk management policy. Being nominated and receiving this award is confirmation we are doing things the best way possible and exceeding industry standards.”
The David P. DeMarea Payments Innovation Award is presented to an individual or organization for implementing innovative payments or risk management solutions.
About EPCOR® – Your Electronic Payments Core of Knowledge
EPCOR is a not-for-profit trade association providing electronic payments and risk management information, education, support and national industry representation to over 14 percent of all U.S. financial institutions. EPCOR’s purpose is to assist banks, credit unions and thrifts in maintaining compliance, reducing risk and enhancing the overall operational efficiency of electronic payments. EPCOR members include over 2,300 banks, credit unions, thrifts and affiliated organizations located in Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Nebraska, Oklahoma, Ohio, Pennsylvania and West Virginia. For more information on EPCOR, visit www.epcor.org.
