Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

Administration Taking Fresh Look at Overdraft Fees

The Consumer Financial Protection Bureau (CFPB) is taking another look at the 10 year old overdraft fee regulations. The effort is part of a new CFPB initiative to assess how existing regulations affect small businesses. The notice can be found here.

Comments are due to the Bureau by July 1, 2019.