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Bill would require Fed study on CBDC

Bill would require Fed study on CBDC Reps. Bill Foster (D-Ill.) and French Hill (R-Ark.) recently introduced legislation directing the Federal Reserve to work with other agencies to study and issue...

Mar 31, 2021
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Article
Digital Assets Payments

Large payments companies move to single exam

Large payments companies move to single exam The Conference of State Bank Supervisors said 13 nationwide payments firms have undergone or are undergoing their single comprehensive exams during the...

Mar 24, 2021
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Article
Compliance Payments

New Same Day ACH window in effect this month

New Same Day ACH window in effect this month Nacha's new rule allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day takes effect on at...

Mar 05, 2021
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Article
Compliance Payments

ICBA seeks more gradual increase of same-day ACH limits

ICBA seeks more gradual increase of same-day ACH limits ICBA said it supports Nacha's plan to raise the individual same-day ACH transaction limit from $100,000 to $1 million in 2022. However, ICBA...

Jan 25, 2021
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Article
Compliance Payments