|Hill Payments Charter Letter||116th Congress||10/15/20|
|Hill Payments Charter Letter 9.29||U.S. House Task Force on Financial Technology||09/29/20|
|Joint Letter on Direct Deposit||Senate Banking and House Financial Services Committees||08/28/19|
|House Letter on Facebook's Libra Proposal||House Financial Services Committee||07/16/19|
|Senate Letter on Facebook's Libra Proposal||Senate Banking Committee||07/15/19|
|Joint Letter on H.R. 85||U.S. House of Representatives||02/28/19|
|Comment Letter on Reg J and FedNow||Federal Reserve Board||09/08/21|
|ICBA Reg II FRB NPR Comment Letter||Fed||08/11/21|
|Federal Reserve PSR Policy Comment Letter||Fed||08/02/21|
|Joint Comments on Fed Accounts Proposal||Fed||07/12/21|
|Comments on Third-Party Sender Roles and Responsibilities||Nacha||07/01/21|
|Comment Letter on Amendments to Rules Concerning Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)||CFPB||04/13/21|
|ICBA Response to Nacha Same Day ACH Dollar Limit Increase RFC||01/22/21|
|Comment Letter Regarding Application of Kraken Financial for Access to Federal Reserve System Services||Fed||10/05/20|
|ICBA FedNow Comment Letter||Fed||09/10/20|
|Joint Trades Letter on Proposed Payments Charter||OCC||07/29/20|
|ICBA Statement for HFSC Fintech Hearing 9-29-2020||HSFC||09/29/20|
|The Future of Real-Time Payments||House Financial Services Committee's Task Force on Financial Technology||Robert A. Steen||09/26/19|
|Facilitating Faster Payments in the U.S.||Senate Banking Committee||Robert A. Steen||09/25/19|
Nacha “Meaningful Modernization” changes to improve and simplify the ACH user experience are scheduled to take effect next month.
Details: Effective Sept. 17, the Nacha improvements will define a “Standing Authorization” and expand the use of oral authorizations for consumer ACH payments.
Impact: The changes will help ACH network participants address the effects of new technologies on payments, such as obtaining oral authorization via voice assistants or using Zoom instead of a telephone.
ICBA Position: In an April 2020 comment letter, ICBA said it generally supports the changes to reduce ACH barriers, increase flexibility and consistency for authorizing consumer ACH payments, and reduce certain administrative burdens.