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NACHA Expedited Processing and Settlement (EPS) Update


The Electronic Payments Association, known as NACHA, confirmed they will not proceed with the Expedited Processing and Settlement (EPS) proposal, after the balloting process at NACHA. The EPS proposal would have required a new premium same-day, network-wide service on the Automated Clearing House (ACH) network. 

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NACHA Resource on FFIEC Internet Banking Authentication


On July 19, 2012, NACHA –The Electronic Payments Association released a resource for financial institutions regarding the implementation of the Federal Financial Institutions Examination Council (FFIEC) Internet Banking Authentication guidance from June 2011.  NACHA’s resource is intended to identify sound business practi

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CUNA Comments to NACHA on ACH Security Framework Proposal


The week of June 18, 2012, the Credit Union National Association (CUNA) submitted a comment letter to NACHA – The Electronic Payments Association regarding their ACH security framework proposal.  In CUNA's letter, they urged NACHA to minimize compliance costs on all credit unions and minimize redundancy with ot

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CUNA Advocacy Report: May 14


The latest CUNA Regulatory Advocacy Report is available and covers:

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CUNA Regulatory Advocacy Report


Here is the latest Regulatory Advocacy Report from the Credit Union National Association (CUNA). Due to CUNA’s Governmental Affairs Conference, the next report won’t be produced until March 30, 2012. If you have any questions regarding the Advocacy report, please contact MCUA Chief Advocacy Officer Peggy Nalls or MCUA Compliance & Advocacy VP John Thomas. The CUNA Regulatory Advocacy Report includes:

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