The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank. Certain bank transactions were delayed Thursday after the Automated Clearing House system (ACH) experienced problems. The system is now back up and running.

"ACH is operational," said Jean Tate, a spokeswoman at the Atlanta Fed. "There was an internal processing issue that delayed delivery of some files this morning. Technical teams are investigating the root cause of the issue." The Atlanta Fed hosts the central bank's Retail Payments Office, which processes ACH transactions.

The ACH system handled 58.5 million transactions a day, on average, in 2018, with an average value of $1,760.

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