Payments Associations

Nacha Welcomes Goldman Sachs as Latest Direct Member

Retrieved on: 
Wednesday, October 18, 2023

Nacha announced today that Goldman Sachs has joined its growing community of Direct Members.

Key Points: 
  • Nacha announced today that Goldman Sachs has joined its growing community of Direct Members.
  • Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations.
  • "We look forward to working closely with Goldman Sachs to advance and promote the modern ACH Network," said Jane Larimer, President and CEO of Nacha.
  • Additionally, Direct Members provide their ideas and recommendations to keep the ACH Network innovative and flourishing by serving on Nacha committees and workgroups.

Arf wins "Best Lending Initiative" at PAY360 Awards

Retrieved on: 
Friday, October 6, 2023

ZUG, Switzerland, Oct. 6, 2023 /PRNewswire/ -- Arf, the global liquidity and settlement platform, has been awarded the Gold PAY360 Award for "Best Lending Initiative."

Key Points: 
  • ZUG, Switzerland, Oct. 6, 2023 /PRNewswire/ -- Arf, the global liquidity and settlement platform, has been awarded the Gold PAY360 Award for "Best Lending Initiative."
  • Hosted by The Payments Association, The PAY360 Awards took place in London on October 4th, where Arf was honored for its outstanding contributions to the payments industry and its leadership in lending innovation.
  • Arf Co-founder and CEO Ali Erhat Nalbant said, "We are delighted to receive this recognition as the industry's best lending initiative."
  • Arf also received the Silver Award at PAY360 in the "Best Use of Crypto and/or Blockchain in Financial Services" category last year.

Arf wins "Best Lending Initiative" at PAY360 Awards

Retrieved on: 
Friday, October 6, 2023

ZUG, Switzerland, Oct. 6, 2023 /PRNewswire/ -- Arf, the global liquidity and settlement platform, has been awarded the Gold PAY360 Award for "Best Lending Initiative."

Key Points: 
  • ZUG, Switzerland, Oct. 6, 2023 /PRNewswire/ -- Arf, the global liquidity and settlement platform, has been awarded the Gold PAY360 Award for "Best Lending Initiative."
  • Hosted by The Payments Association, The PAY360 Awards took place in London on October 4th, where Arf was honored for its outstanding contributions to the payments industry and its leadership in lending innovation.
  • Arf Co-founder and CEO Ali Erhat Nalbant said, "We are delighted to receive this recognition as the industry's best lending initiative."
  • Arf also received the Silver Award at PAY360 in the "Best Use of Crypto and/or Blockchain in Financial Services" category last year.

Nacha Adds USAA as a Direct Member

Retrieved on: 
Thursday, August 24, 2023

Nacha announced today USAA Federal Savings Bank (USAA) has joined as a Direct Member.

Key Points: 
  • Nacha announced today USAA Federal Savings Bank (USAA) has joined as a Direct Member.
  • Nacha now has 45 Direct Members, consisting of financial institutions and Payments Associations.
  • "I am pleased to welcome USAA as a Direct Member and am eager to collaborate with them alongside their fellow Nacha Direct Members to continue growing and innovating the modern ACH Network," said Jane Larimer, President and CEO of Nacha.
  • Nacha's Direct Members vote on proposed Nacha Operating Rules and contribute ideas and recommendations to keep the modern ACH Network innovative and flourishing.

Money20/20 Europe Presents the Champions of Change

Retrieved on: 
Monday, May 15, 2023

Seven influential fintech leaders are presenting or moderating sessions as part of the Champions of Change program this year.

Key Points: 
  • Seven influential fintech leaders are presenting or moderating sessions as part of the Champions of Change program this year.
  • It’s a topic that requires awareness and education and I feel honored to moderate and bring attention and transparency to Explainable AI at Money20/20 Europe.
  • "I am honored to be a Champion of Change at Money20/20 Europe.
  • "The Champions of Change is a team of influential, passionate thinkers with impact and purpose beyond the norm leading and disrupting everything from green finance, financial inclusion and explainable AI.

Nacha Announces Board Officers and Directors for 2023

Retrieved on: 
Wednesday, February 1, 2023

Nacha today announced the addition of four new and two re-elected members to its Board of Directors.

Key Points: 
  • Nacha today announced the addition of four new and two re-elected members to its Board of Directors.
  • The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.
  • “I am honored to welcome these distinguished payments leaders to our Board of Directors,” said Jane Larimer, Nacha President and CEO.
  • Nacha Board members that recently began their terms are:
    Jennifer Denoo, President & Chief Executive Officer, Great Basin Federal Credit Union.

FTC to Convene First Meeting of Scams Against Older Adults Advisory Group on Sept. 29

Retrieved on: 
Monday, October 31, 2022

Representatives from 13 federal and state government agencies, along with representatives from industry and consumer advocates, will join the Federal Trade Commission on Sept. 29 for the first meeting of the newly formed Scams Against Older Adults Advisory Group.

Key Points: 
  • Representatives from 13 federal and state government agencies, along with representatives from industry and consumer advocates, will join the Federal Trade Commission on Sept. 29 for the first meeting of the newly formed Scams Against Older Adults Advisory Group.
  • The advisory group also will help identify and invite key stakeholders to contribute to the committees work.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Arf won the PAY360 Award for its use of blockchain in financial services

Retrieved on: 
Friday, October 7, 2022

ZUG, Switzerland, Oct. 7, 2022 /PRNewswire/ -- The VQF-regulated global settlement banking platform won the Silver PAY360 Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.

Key Points: 
  • ZUG, Switzerland, Oct. 7, 2022 /PRNewswire/ -- The VQF-regulated global settlement banking platform won the Silver PAY360 Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.
  • Arf, the cross-border settlement banking platform, received the Silver Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.
  • "We are honored by this award given by the leaders of the UK payments industry," said Arf CEO Ali Erhat Nalbant.
  • Arf recently received the approval of the Financial Services Standard Association (VQF) through its entity in Zug, Switzerland.

Arf won the PAY360 Award for its use of blockchain in financial services

Retrieved on: 
Thursday, October 6, 2022

ZUG, Switzerland, Oct. 6, 2022 /PRNewswire/ -- The VQF-regulated global settlement banking platform won the Silver PAY360 Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.

Key Points: 
  • ZUG, Switzerland, Oct. 6, 2022 /PRNewswire/ -- The VQF-regulated global settlement banking platform won the Silver PAY360 Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.
  • Arf, the cross-border settlement banking platform, received the Silver Award in the "Best Use of Crypto and/or Blockchain in Financial Services" category.
  • "We are honored by this award given by the leaders of the UK payments industry," said Arf CEO Ali Erhat Nalbant.
  • Arf recently received the approval of the Financial Services Standard Association (VQF) through its entity in Zug, Switzerland.

Nacha, Faster Payments Council and Payments Associations Announce Accredited Faster Payments Professionals Program

Retrieved on: 
Wednesday, September 28, 2022

HERNDON, Va., Sept. 28, 2022 /PRNewswire-PRWeb/ -- Today, Nacha, the U.S. Faster Payments Council (FPC) and our nation's Payments Associations announced a first-of-its-kind alliance to create the Accredited Faster Payments Professional (AFPP) program. This partnership demonstrates a cross-industry collaboration to benefit the entire payments community.

Key Points: 
  • Faster Payments Council (FPC) and our nation's Payments Associations announced a first-of-its-kind alliance to create the Accredited Faster Payments Professional (AFPP) program.
  • Faster Payments Council (FPC) and our nation's Payments Associations announced a first-of-its-kind alliance to create the Accredited Faster Payments Professional (AFPP) program.
  • Earlier this year, Nacha launched the Faster Payments Professional (FPP) Certificate Program, and the first modules will be available in the fourth quarter.
  • "The entire payments industry will greatly benefit from this collaboration that will create a robust program where diverse payments professionals can exhibit their faster payments knowledge and expertise."