Alliance Members

Southern Financial Exchange is a not-for-profit payments association serving individuals, financial institutions and corporations primarily in Alabama, Arkansas, Louisiana, Mississippi, and Tennessee.

We offer membership to stakeholders in the payments industry: financial institutions, software vendors, payment processors, CPA firms, law offices and other corporations.

Mission

The mission of Southern Financial Exchange (SFE) is to provide education, risk and compliance services, advocacy, and consultative expertise to the financial institutions and organizations we serve, through a collaborative partnership with our members and industry leaders.

Vision

Southern Financial Exchange aspires to be the number one provider of payments education, audit and risk management services, and consultative expertise for financial institutions and payments providers. We will do so consistent with a set of core values that create trust and value for our member institutions.

Macha/PAR shares a common strategy with its membership in the pursuit of maximized business efficiencies, improved and evolving payment processes, reduced risk and cost, and increased participant satisfaction. Macha is a certified ECCHO Check Educational Partner, a sponsor of the Center for Payments, and as a Direct Member Payment Association of Nacha, is a specially recognized and licensed provider of ACH education, publications, and support.

Macha/PAR is recognized among its members as their primary resource for questions, training, and expertise for all their payment needs. Macha/PAR assists its members not only with ACH payments, but check, card, wire, and faster payments. Knowledge of all payment systems is critical in today’s environment as payments continue to converge and evolve.

Our training is not just for financial institutions' operations and compliance staff. We offer training focused toward the financial institution’s corporate customers as well.

Macha/PAR currently has six Accredited ACH Professionals (AAPs), four National Check Professionals (NCPs), and one Accredited Payments Risk Professional (APRP) on staff. The staff is shared between the two organizations and has over 75 years of combined experience. In order to provide the best support to our members, our staff is also encouraged to partake in continued education.