The Federal Reserve is investigating the second significantdisruption in 2019 of a payments service administered by the U.S.central bank. Certain bank transactions were delayed Thursday afterthe Automated Clearing House system (ACH)experienced problems. The system is now back up and running.
"ACH is operational," said Jean Tate, a spokeswoman at theAtlanta Fed. "There was an internal processing issue that delayeddelivery of some files this morning. Technical teams areinvestigating the root cause of the issue." The Atlanta Fedhosts the central bank'sRetail Payments Office, which processes ACH transactions.
The ACH system handled 58.5 million transactions a day, onaverage, in 2018,with an average value of $1,760.
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