News

Layering Security for ACH File Origination

Posted July 1, 2014

Components of layered security contribute to a robust control environment for ACH origination. ​ODFIs may consider viable layers of security, as outlined in the diagram, appropriate for its risk tolerance.

NACHA Government Relations Update

Posted June 30, 2014

NACHA’s Government Relations update provide insights to policy matters, at the federal and state level, that could impact the ACH Network.

NACHA Government Relations Update

Posted June 16, 2014

NACHA’s Government Relations update provide insights to policy matters, at the federal and state level, that could impact the ACH Network.

CFPB Semi-Annual Report to Congress

Posted June 10, 2014

On June 10, 2014, Director Richard Cordray testified before the Senate Banking Committee at a hearing entitled, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.”

CFPB Mobile Financial Services Discussion

Posted June 10, 2014

On June 11, 2014, the Consumer Financial Protection Bureau announced that it is launching an inquiry into mobile financial services, focusing on how the use of these technologies are impacting underserved consumers with limited access to the banking system.