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CUNA Seeks Feedback on NACHA Information Request on Potential Expansion of ACH Addenda Records

Apr
30
CUNA Seeks Feedback on NACHA Information Request on Potential Expansion of ACH Addenda Records

The Credit Union National Association (CUNA) is seeking feedback to their Regulatory Call to Action through May 5 on how credit union operations and compliance on the automated clearing house (ACH) network may be affected by these addenda record topics identified by NACHA’s recent Request for Information (RFI).

Posted By Sharon Bahr read more

MCUA Comments to NACHA on Risk, Enforcement, and Network Quality Proposed Rules

Jan
29
MCUA Comments to NACHA on Risk, Enforcement, and Network Quality Proposed Rules

The Missouri Credit Union Association (MCUA) recently submitted two related comment letters to NACHA – The Electronic Payments Association on Automated Clearing House (ACH) Network Risk 

Posted By Sharon Bahr read more

MCUA Comments to NACHA on Third-Party Clarifications

Jul
01

Last week, the Missouri Credit Union Association (MCUA) submitted a comment letter to NACHA—The Electronic Payments Association—regarding the clarification of third-parties in the ACH Network.

Posted By Nora Holloway read more

MCUA Comments on NACHA's Latest Compliance & Operational Topics Proposal

Apr
08
MCUA Comments on NACHA's Latest Compliance & Operational Topics Proposal

The Missouri Credit Union Association (MCUA) has filed a comment letter on The Electronic Payments Association's (NACHA) latest compliance and operational topics proposal.

Posted By Sharon Bahr read more

NACHA Bulletins on International ACH Warranties & High Risk Originators

Mar
19
NACHA Bulletins on International ACH Warranties & High Risk Originators

The Electronic Payments Association (NACHA) recently issued an operations bulletin to narrow the scope of the warranty on outbound IATs to focus solely on the authorization of the entry, when authorization is required by the laws or payment system rules of the receiving country effective on March 15, 2013.

Posted By Sharon Bahr read more

Expansion of FedACH SameDay Service

Mar
19

The Federal Reserve Banks recently announced that, effective April 1, 2013; they will offer an expanded FedACH SameDay service for their same-day ACH transactions.

Posted By Sharon Bahr read more

NACHA Proposal on Compliance & Operational Topics

Mar
13
NACHA Proposal on Compliance & Operational Topics

NACHA - The Electronic Payments Association has issued another proposal to address certain compliance and operational topics on the Automated Clearing House (ACH) network.

Posted By Sharon Bahr read more

MCUA Comments on ACH P2P Payments Proposal

Oct
11

Last week, Missouri Credit Union Association (MCUA) submitted a comment letter to NACHA – The Electronic Payments Association regarding its person-to-person payments (P2P) proposal.  Click here to read MCUA's letter.

Posted By Sharon Bahr read more

Comment to NACHA on ACH Technical Changes

Oct
02
Comment to NACHA on ACH Technical Changes

A comment letter was filed by the Missouri Credit Union Association (MCUA)  and the Credit Union National Association (CUNA) to NACHA – The Electronic Payments Association – regarding their compliance and operational topics proposal.  CUNA generally supports the proposal to clarify the meaning or

Posted By Sharon Bahr read more

NACHA Releases Proposed ACH Rules

Aug
20

On Wednesday, August 15, NACHA - The Electronic Payments Association released three new proposed ACH rules that would modify the NACHA Operating Rules.  The first proposed rule would standardize the use of the ACH Network for person-to-person (P2P) payments, which are not currently addressed under the Operating Rules.  The second

Posted By Sharon Bahr read more

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