The New England Automated Clearing House Association (NEACH) has teamed up with EastPay to form an equally-owned joint venture subsidiary called, Payments Space Advisors.

EastPay said Payments Space Advisors will provide payments risk management, compliance, and consulting services to financial institutions and businesses.

According to EastPay, the services offered by Payments Space Advisors will include ACH Compliance Audits; Third-Party Sender Audits; ACH Risk Assessments; Remote Deposit Capture Risk Reviews; and customised payments consulting and education tailored to clients’ needs.

EastPay executive vice president Pam Rodriguez will serve as president and CEO of the new company.

EastPay president and CEO, Norman Robinson, said: "EastPay is delighted to partner with NEACH in this joint venture that deepens our resources and broadens our service capabilities to our members."

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