News

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: Midterm Elections: Democrats take the House, Republican’s add to their Senate majority; Senate Banking Chairman Crapo and Banking Committee Republicans send Choke Point letter to FDIC and more.

Sometimes you can find answers around the corner. Other times, you have to fly 20 hours. For Leticia Mentz, it was the latter. Mentz is with the Payments Association of South Africa, or PASA, where she looks after industry capacity building and communication. She recently came from Johannesburg to spend a week visiting NACHA headquarters, where staffers shared their expertise. She described the United States and South Africa as “different countries with the same issues” and called NACHA “a like-minded organization” to PASA.

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: Congressional Black Caucus urges Fed to mandate Instant Payments and include ACH in modernization effort; CFPB to issue new Payday Lending Regs in January.

In this edition: Rep. Blaine Luetkemeyer calls on FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting to investigate actions their agencies; In a speech, 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; and more.