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On March 25, 2025, the president signed an Executive Order entitled Modernizing Payments To and From America’s Bank Account . The order provides, among other things, that “effective September 30, 2025, and to the extent permitted by law, the Secretary of …
NEW ORLEANS —Open banking has a lot of moving parts, but at the end of the day it might well come down to two words: consumer acceptance. “In the U.S. it does seem that consumers are willing to engage in open banking to initiate payments, to link a bank …
NEW ORLEANS —If ever there was a case where misery loves company, it’s fraud. “Fraud is a global issue. I think we all know it’s not just a domestic one in payments,” said Jane Larimer, Nacha President and CEO. “I know that if I asked payments …