LOS ANGELES (2/17/10)--DirectFED will re-launch as Direct Fed Payment Solutions at the Credit Union National Association’s (CUNA) Governmental Affairs Conference (GAC) in Washington, D.C., next week. Direct Fed Payment Solutions is a check-processing company that services credit unions. “Our branch and remote deposit capture software enables credit unions to electronically scan and verify checks from anywhere in the world and deposit them directly into the Federal Reserve Bank,” said Ken Buren, Direct Fed executive director. Clients using Direct Fed receive funds in fewer than 12 hours. CUNA’s GAC kicks off Sunday and ends Thursday at the Washington Convention Center.