There are two operators of automated clearing house (ACH) networks in the United States — FedACH, available through the U.S. Federal Reserve System, and the Electronic Payments Network (EPN), a unit of the Clearing House Payments Company, which is owned by 24 banks that operate in the U.S. Last year, the operators, along with on-us transactions within individual banks, combined to handle more than 24 billion ACH credit and debit transactions valued at $41.600 trillion. FedACH and EPN clear and settle direct payroll deposits, government benefits transfers, automatic bill payments, person-t...