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.

CFPB Reinstates Community Bank & Credit Union Advisory Groups

The Consumer Financial Protection Bureau, reversing a controversial decision by the previous intern director, Mick Mulvaney, has taken steps to restore the influence of several advisory panels that were sidelined last year. The CAB, the Community Bank Advisory Council and the Credit Union Advisory Council will now meet three times a year in person. Meeting details and council participation will be communicated by CFPB in the next few weeks.