NACHA Government Relations Update

Posted September 12, 2014

Before the long August recess, Congressional Leaders moved to truncate an already short September work period. This month, Congress will convene for a two-week session before Members return to their districts as they gear up for the November elections.

NACHA Supports the Work of the Merchant and Financial Services Cybersecurity Partnership

Posted September 10, 2014

 NACHA announced that it is supportive of the work of the Merchant and Financial Services Cybersecurity Partnership. The Partnership, launched earlier this year, will facilitate collaboration amongst payments stakeholders in an effort to improve security across the payments system and better protect customers from cyber threats.

NACHA Announces Formation of Board Advisory Group

Posted September 3, 2014

NACHA announces the formation of a Board Advisory Group, creating a more formal mechanism for non-financial institution providers and users of the ACH Network to directly communicate with the NACHA Board of Directors. 

New Report Assesses Business Case for ISO 20022

Posted August 27, 2014

In an effort to evaluate the business case to adopt ISO 20022 payment messages, The Federal Reserve Bank of New York, The Clearing House Payments Company LLC, NACHA – The Electronic Payments Association, and the Accredited Standards Committee X9, Inc., engaged KPMG LLP (KPMG) to conduct an independent assessment on whether or not a business case existed to adopt ISO 20022 payment messages for wire and ACH systems in the U.S.