NACHA Releases ISO 20022 Validator Tool

Posted December 14, 2017

Tool complements NACHA’s ISO 20022 Mapping Guide by supporting testing and conformity of ISO 20022 payment instructions for U.S. ACH file formats.

NACHA Government Relations Update - Dec. 14, 2017

Posted December 13, 2017

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: NACHA Executives Meet with Fed Operations & Payments System Staff; Senate Banking Committee Approves Powell as Federal Reserve Board Chair and more.

Federal Judge Throws Out NYDFS Lawsuit Challenging OCC Fintech Charter

Posted December 13, 2017

On Dec. 12, 2017, Federal Judge Naomi Reice Buchwald for the Southern District Court of New York dismissed a lawsuit filed by the New York State Department of Financial Services (NYDFS) which sought to block fintechs from being able to acquire special purpose national bank charters.

NACHA Executives Meet with Fed Operations & Payments System Staff

Posted December 13, 2017

On Dec. 11, 2017, Members of NACHA’s Executive Team attended its third meeting of the year with Federal Reserve Bank Operations and Payments System staff.

Senate Banking Committee Approves Powell as Federal Reserve Board Chair

Posted December 5, 2017

On Dec. 5, 2017, the Senate Banking Committee voted (22-1) in approval of Jerome Powell’s nomination as Chairman of the Federal Reserve Board and will next be voted on by the full Senate.

Trump Nominates Jelena McWilliams to Lead FDIC

Posted December 4, 2017

President Trump will nominate Fifth Third Bank Chief Legal Officer, Jelena McWilliams, for FDIC Chair.
 

Trump Nominates Economist Goodfriend as Fed Governor

Posted December 1, 2017

On Nov. 29, 2017, President Donald Trump nominated economist Marvin Goodfriend to serve as a Federal Reserve Board Governor.

NACHA Government Relations Update - Nov. 30, 2017

Posted November 29, 2017

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: Battle Over CFPB; Janet Yellen Stepping Down from the Federal Reserve System’s Board of Governors and more.