Several Core Providers to Cover Cost for MDIs to Join RTP Network
The Clearing House, Jack Henry, FIS and Fiserv announced today that they will cover the cost for minority-owned depository institutions ...
Tag: Payments
ABA, Financial Trade Groups Urge IRS to Improve ‘Get My Payment’ Website
The American Bankers Association and six other financial trade groups today requested that the Internal Revenue Service improve its Get ...
IRS Sends 25 Million Economic Impact Payments
The Internal Revenue Service said today that it has issued another 25 million economic impact payments with a value of ...
Powell: Fed ‘Not Equipped’ to Service Individual Accounts
Federal Reserve Chairman Jerome Powell today said that his agency is “not equipped to service individual commercial and retail accounts” ...
ABA Files Amicus Brief in Support of Visa Merchant Data Breach Compensation Program
The American Bankers Association yesterday filed an amicus brief in the Texas state court case of Visa v. Sally Beauty ...
IRS, Treasury Announce Next Batch of Economic Impact Payments
The Internal Revenue Service and Treasury announced today that the next batch of economic impact payments will be sent to ...
Financial Trade Groups Address Confusion Around Economic Impact Payment Date
In response to confusion about when consumers can access the latest round of economic impact payments, the American Bankers Association ...
NACHA Sees Record Spike in ACH Payments during Pandemic
A total of 26.8 billion payments were made on the ACH Network in 2020—up 8.2% from a year prior—with a ...
FedNow to Launch in 2023
The Federal Reserve yesterday said that its FedNow service will be ready to launch in 2023. The Fed previously indicated ...
ABA Calls for ‘Circuit Breaker’ ahead of ACH Threshold Increases
The American Bankers Association on Friday provided feedback to NACHA on its proposed plan to increase the dollar limit for ...
