ABA raises concerns about proposed ACH return timeframe revisions
ABA said it opposes a proposal by Nacha to modify Automated Clearing House return timeframes, pointing to the high costs ...
Tag: Payments system
ABA offers principles to guide changes to payments system access
As policymakers consider proposals related to payment system access, such as new chartering models and Federal Reserve account access, they ...
The Clearing House to launch tokenized deposits system for banks
A group of the nation’s largest banks announced today that the Clearing House is launching an initiative to enable the ...
Nacha reports growth in same-day ACH payments
ACH processed 403 million same-day payments in the first quarter of 2026, up 23.6% from the same period last year, ...
The CEA studied the wrong question on stablecoin ‘yield’ and community banks
The CEA paper minimizes the core risk by starting from the wrong question. There is already ample evidence and analysis ...
FDIC rescinds guidance on representment NSF fees
The FDIC rescinded a 2023 financial institution letter that had stated that banks’ charging representment nonsufficient funds fees may be ...
Fed proposes opening FedNow to cross-border payments
The Federal Reserve proposed a new rule to let banks and credit unions use intermediaries to send transfers through the ...
Proposed rule would give states ‘wide latitude’ to set stablecoin regulation
The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be ...
FDIC releases 2025 figures for consumer protection violations
The FDIC cited 1,155 violations of consumer protection statutes and regulations in 2025, representing a decline from the year before, ...
FTC issues ‘debanking’ warnings to payment companies
The Federal Trade Commission sent letters to four payment service providers to warn them from engaging in alleged “debanking” activities.
