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.

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Sullivan Talks Faster Payments, APIs and B2B Directories on Capitol Hill

Bill Sullivan, Nacha’s Head of Government & Industry Relations, spent much of the Congressional recess meeting with House and Senate staff with an eye towards the November mid-term elections. Meetings included a myriad of topics including, but not limited to, the API work of ASIG, the Alliance work on faster payments and the proof of concept work on B2B directories.

November’s Congressional elections may bring changes to Senate Banking and House Financial Services Committee leadership. Nacha’s GR focus has been to educate both Congressional Members and staff on the ACH Network, private sector rulemaking as well as the ability of Nacha to bring diverse organizations together to promote payments innovation.