Displaying 1 - 20 of 196

Tag: Government Relations Policy Updates

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 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 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”).
Article February 4, 2020
At a recent press roundtable, Comptroller of the Currency Joseph Otting told reporters that he and bank regulators such as the OCC hope to soon take action that will allow banks to more easily offer small-dollar loans (ranging between a few hundred to a few thousand dollars).
Article December 17, 2019
On Dec. 10, 2019, Nacha’s Government Relations Advisory Group held its annual in-person meeting on Capitol Hill.
Article November 5, 2019
On Oct. 31, 2019, Nacha submitted a comment letter to the Federal Reserve Board of Governors in response to the recent notice and request for comment regarding the proposal to develop a new real-time payment and settlement service, called FedNow.
Article October 22, 2019
Nacha’s Bill Sullivan and American Payroll Association’s, Bill Dunn sat down with PaymentsJournal to discuss the misconceptions around Direct Deposit during faster payments debate inside the Beltway.
Article October 3, 2019
The Senate and House both held hearings last week regarding Faster Payments in the U.S. Nacha provided a Statement for the Record for each hearing.
Article October 2, 2019
On Sept. 25, 2019, the U.S. House passed legislation that would allow banks and credit unions to provide financial services to state-authorized cannabis businesses without federal penalties.
Article September 18, 2019
D.C. District Court Judge Dabney Friedrich has dismissed the latest lawsuit brought by the Conference of State Bank Supervisors (CSBS) against the Office of the Comptroller of the Currency (OCC) over the agency’s authority to offer national bank charters to fintech companies.
Article August 29, 2019
Nacha, backed by eight financial institutions and end-user trade associations sent a letter to Senate Banking and House Financial Services Committee staff about the success of Direct Deposit for America’s workforce.