MPX strives to help you understand the complex rules and regulations regarding payment systems. MPX monitors ongoing changes to national and state regulations, as well as legislation that may impact payment systems participants, and passes that information on to our members. We offer valuable educational services and assistance through our knowledgeable staff and various payment systems resources.

When payment systems professionals have questions, MPX is the source for answers.

MPX Mission Statement

The mission of MPX is to be the premier provider of payment systems education and risk management education, support and industry leadership.

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MPX History

In the early 1970s, the members of the Greater Kansas City Clearing House Association began to monitor the emerging Automated Clearing House (ACH) movement. The Greater Kansas City Clearing House Association served as a catalyst for ACH and helped form the Mid-America ACH Association in 1974. The Mid-America ACH Association encompassed the eastern part of the 10th Federal Reserve District, which included Kansas, Nebraska, Oklahoma, Southwestern Iowa, and Western Missouri.

In 1984, the association merged with the associations that incorporated the territories of Arkansas, Eastern Missouri, and Southern Illinois. This merger resulted in a new name – Mid-America Payment Exchange. Subsequent mergers in 1995 and 1998 added Indiana and Western Kentucky to the MPX territory. Also in 1998, the Greater Kansas City Clearing House Association was folded into MPX.

Over the years, we’ve grown to become the largest regional payments association and expanded our focus to include a broad spectrum of payments issues. As the MPX geographic scope grew over the years, so have the MPX member programs. MPX continues to evolve to meet the ever-changing needs of our members, and to ensure that we are making payment systems understandable so you have the necessary knowledge to get your job done.

MPX’s original mission was to help financial institutions and organizations facilitate ACH payments. Today our mission is to be the premier provider of payment systems and risk management education, support and industry leadership. This expanded mission means that we are better prepared to meet your needs by addressing a broader array of payments. By staying current on the existing and proposed changes in the payments industry, we are well-positioned to help you aggressively address the future so you can continue to operate efficiently and manage risk.

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MPX Affiliated Programs

Bankers Institute
Banker’s Institute is a not-for-profit entity dedicated to providing educational opportunities for members of the financial community in the Kansas City area. Managed by MPX, Bankers Institute provides a series of guest speakers and special seminars designed to enhance the development of financial professionals. For additional information, visit www.bankersinstitute.org.

Greater Kansas City Check Clearing House
The Greater Kansas City Check Clearing House is a not-for-profit clearing house managed by MPX. Through membership in the Clearing House, financial institutions are able to facilitate the exchange and settlement of checks with other financial institution Clearing House members in the area. One of the unique capabilities of the Clearing House is the Automated Web-Based, Internet-Accessed, Real-Time National Settlement System that enables member banks to settle all payments transactions with other members with one net debit or credit to their Federal Reserve Bank account each day. This capability greatly simplifies the accounting and settlement process and reduces associated labor costs and errors.

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