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.

Featured News

Jane E. Larimer to be Next CEO of Nacha

Announcement Coincides with Refreshed Nacha Brand Uniting its Programs and Initiatives through New Visual Identity

ORLANDO, Fla., May 6, 2019 – The Nacha Board of Directors has selected Jane E. Larimer as the next President and CEO of Nacha effective July 1, 2019. The Board thanks Janet O. Estep, Nacha’s current President and CEO for her successful 11 years of leadership of Nacha and within the payments industry, and welcomes her assistance in the transition before she retires at the end of 2019.

Nacha Introduces the Nacha Corporate Experience

The Nacha Corporate Experience Combines Standards and Technology to Deliver a More Efficient Payments Experience for Today’s Businesses 

ORLANDO, Fla., May 6, 2019 – Today, Nacha introduces the Nacha Corporate Experience, a new way of demonstrating how businesses can more effectively exchange payments and information.

Nacha Government Relations Update – Oct. 18, 2018

Luetkemeyer Asks for Investigation on “Deputizing” Banking System to Stop Payday Lending

Rep. Blaine Luetkemeyer today called on FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting to investigate actions their agencies, prior to their arrival, have taken to discourage banks from serving payday lenders.

The letters to both McWilliams and Otting, Rep Luetkemeyer, the Missouri Republican cited new evidence released in court last Friday quoting officials about steps they had taken against the industry.

The documents arose from litigation payday lenders are pursuing against regulators for actions linked to "Operation Choke Point," an Obama-era federal program officially described as an effort to cut off the banking system from wrongdoing by merchants. It has long been derided by industry and Republican lawmakers — with Luetkemeyer one of its most prominent critics — as an attempt to discourage banks from serving certain businesses/industries.

 

OCC’s Otting Addresses Marijuana Banking & Fintech Charters

In a speech on Wednesday, Oct. 17, Comptroller of the Currency Joseph Otting said the OCC would be able to approve or deny charters for fintech companies by the middle of next year. In the same speech, Otting indicated a legislative solution will be necessary for banks that want to serve marijuana businesses, due to the stark increase in states permitting marijuana usage.

 

Legislative Calendars for 2018

House 2018 Calendar
Senate 2018 Calendar