JANET ESTEP NAMED AS NACHA’S NEXT CEO
The NACHA Board of Directors has selected Janet O. Estep, most
recently an executive vice president with U.S. Bank, to succeed Elliott McEntee, who will retire as
president and chief executive officer at the end of 2008…
Interoperability Between Domestic and International ACH Systems
The International Payments Framework Group (IPF) has announced the decision to go forward with the next phase of this project...
Effective Date of NACHA Rules Interpretation Extended to August 4, 2008
The effective date of NACHA’s Rules Interpretation (“Interpretation”) on the Proper Use of SEC Codes and the Aggregation of Transactions (see ACH Operations Bulletin, November 9, 2007, posted on http://www.nacha.org/ACH_Rules/ach_rules.htm ) is extended to August 4, 2008.
NACHA Launches New eBill System
NACHA—The Electronic Payments
Association said today its Electronic Billing Information Delivery Service (EBIDS), which speeds up the ability of consumers to recieve electronic bills (eBills) at the online provider of their choice, recently began operation.
NACHA and ACH Operators Mark One-Year Countdown to IAT
The NACHA rule and format for international ACH transaction (IAT) becomes effective on March 20, 2009.
Federal Reserve Proposes Change to Posting Time for ACH Debit Transfers to 8:30 a.m. ET
The Federal Reserve Board (FRB) issued a request for public comment
today on a proposed change to the daylight overdraft posting rules under its Payments
System Risk (PSR) policy.
NACHA’s Annual Conference Hits Critical Topics in Payments
PAYMENTS 08 to feature key industry issues, innovative solutions
Financial institutions and businesses can choose from more than 130 sessions addressing these and other key industry issues at NACHA’s annual conference, PAYMENTS 08, May 18–21 at the MGM Grand in Las Vegas.
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