GAC Takeaways: Tax Exemption, Interchange, the CFPB and NCUA
Record-setting attendance of more than 6,000 is a nice headline, but it only begins to convey the story. Last week’s Governmental Affairs Conference featured heightened levels of energy and urgency that transcended badge counts- and not for entirely happy reasons.
Zelle Hits a Trillion, Same Day ACH Says “Hold My Beer”
A flurry of year-end data provided valuable insight on the state of faster payments in the US and prompted some organizational chest-thumping. It also breathes new life into the question, “how fast is fast enough?”
Hitting Fifty, Still Gaining Speed
s with Nacha CEO Jane Larimer onsite at the recent Smarter, Faster Payments Conference- which managed to remain forward-looking while celebrating the 50th anniversary of the ACH network. ValidiFI’s Shawn Princell makes a case for the groundswell in Pay By Bank interest, and a resigned disdain for checks seems to permeate the humid Miami Beach air.
The ACH – An Underutilized Asset?
Shamir Karkal, co-founder of trailblazing neobank Simple, discusses his current venture Sila and its mission to simplify payments for the entire ecosystem. Plus-FedNow lurches toward the starting gate, and Glen looks forward to a busy September.