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NACHA Launches International Payments Committee

NACHA-The Electronic Payments Association is officially launching its U.S.-International Committee, which has been established as part of its Global Payments Forum. The focus of the committee will be U.S. stakeholders' interests in international payments.

The inaugural meeting will be held July 14-15, in Herndon, Va., at the NACHA office. According to a release, participants at the initial meeting will have an opportunity to set the direction of the committee, identify and prioritize deliverables, establish and lead workgroups, and influence committee activities all focused on enabling U.S. businesses and financial institutions to participate in international ACH payments.

The U.S.-International Committee operates as part of the Global Payments Forum. Its goals are to help participants develop a better understanding of all aspects of international payments, to develop tools to help financial institutions, technology providers and businesses implement international ACH payment (IAT) services, and to influence the direction of international ACH payments in the U.S.

Membership in the U.S.-International Committee is open to financial institutions, processors, corporations, and others industry stakeholders. Membership includes one two-day, in-person meeting per year and additional communications, education, and work products via e-mail, conference calls, and Web meetings.

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