3 Reasons ACH Payments Are Cool Again with Yelena Reznikova

Payments Innovation

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6+ y ago 12:44

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While plenty of new pay methods are soaking up all the attention, ACH is being left left out of the popular arenas.

We understand why.

ACH can be cumbersome, requiring layers of authorization to finalize a single transaction. Many perceive it as outdated, awkward, and time-consuming.

It’s time ACH had a makeover.

Yelena Reznikova joined us on this episode of the Payments Innovation podcast to show how she’s leveraging the power of ACH and tech to drive profit for businesses, and convenience for consumers.

Yelena is currently the Director of Partnerships at Quovo in New York, a data platform that provides connectivity to financial accounts and is now a part of Plaid, where she’s worked since receiving her MBA from Harvard Business School. Previously, she worked in VC and product at Indicator Ventures and Troops.

She doesn’t believe ACH is dead. She believes with some technological TLC, it becomes an underutilized alternative to the dizzying amount of new payment methods on the market.

Listen in for 3 reasons you should consider ACH as a payment method.

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