Displaying 1 - 20 of 61

Tag: Government

Article June 30, 2020
Supreme Court Rules a Consumer Regulator’s Structure Unconstitutional.
Article June 30, 2020
The Supreme Court ruled in a 5-4 decision (Roberts) that the CFPB’s single-director structure / “for cause” provision is unconstitutional.
Article June 16, 2020
Nacha Meets with Treasury Staff and Operators to Discuss Stimulus Payments; Nacha’s Government Relations Advisory Group (GRAG) Meets with Rep Lynch Staff
Article June 16, 2020
Nacha staff recently met with representatives from Treasury, IRS, Fiscal Services and the ACH Operators to discuss lessons learned from the recent U.S. stimulus payments to U.S. citizens to help boost our economy due to the COVID-19 pandemic.
Article June 16, 2020
Nacha’s GRAG recently held a conference call with Kevin George, Senior Advisor, Economic Policy for Fintech Task Force for Chairman Lynch (D-MA) two days before the Task Force Hearing on "Inclusive Banking During a Pandemic: Using Fed Accounts and Digital Tools to Improve Delivery of Stimulus Payments."
Event May 22, 2020

The Payments Innovation Alliance will host a pop-up meeting on Thursday, August 13, 2020 for Alliance members. This one-day, virtual event will bring members together for networking and discussions about the pandemic and its affect on electronic payments and innovation.

Article May 21, 2020
Federal Agencies Issue “Interagency Lending Principles for Offering Responsible Small-Dollar Loans”
Article April 14, 2020
CFPB Issues Guidance Regarding Remittance Transfers During Pandemic
Article April 14, 2020
In light of the COVID-19 pandemic, the Consumer Financial Protection Bureau (CFPB) issued a policy statement announcing the Bureau’s current flexible approach to its supervision and enforcement regarding certain requirements for remittance transfers.
Article March 3, 2020
Nacha Files Comment Letter Supporting ACH Payments
Article March 3, 2020
Nacha Files Comment Letter Supporting ACH Payments
Article February 19, 2020
Congress Recognizes Nacha; Varo Moves Closer to Bank Charter
Article February 19, 2020
Nacha was acknowledged in the Congressional Record for being one of the best places to work.
Article February 19, 2020
The FDIC has approved Varo Money’s application for deposit insurance, putting it on the brink of becoming the first financial technology company to obtain a national bank charter.
Article February 4, 2020
Nacha recently submitted a Statement for the Record to the House Financial Services Fintech Task Force for the Congressional Hearing: “Is Cash Still King? Reviewing the Rise of Mobile Payments” and filed comments supporting the Federal Government’s use of ACH and Nacha Rules. Also, regulators hope to soon help banks offer small-dollar loans.
Article February 4, 2020
Nacha submitted a Statement for the Record for the Congressional Hearing: “Is Cash Still King? Reviewing the Rise of Mobile Payments”.
Article February 4, 2020
Nacha provided comments on the notice of proposed rulemaking (the “Proposed Rule”) regarding Federal Government participation in the Automated Clearing House (“ACH”).