The conference is the first since Davis + Henderson Corporation (D+H) acquired Harland last month. D+H’s CEO Gerrard Schmid discussed the acquisition. "Acquiring Harland Financial Solutions fully aligns with D+H's financial-technology vision and our objective of growing our technology capabilities to serve credit unions and banks," Schmid told attendees.
The second phase of Same Day ACH rollout has a Sept. 15 effective date, and a list of recommended action items to be performed has been released. All financial institutions must be prepared to receive by Sept. 15.
As Congress works this week to fund the government past April 28, CUNA will be engaged in the process as it seeks to see 2 particular issues addressed: funding for CDFIs and the CFPB's exemption authority.
CUNA stands ready to work with legislators to see regulatory relief enacted into law, and the CHOICE Act is a good first step, CUNA wrote to House Financial Services Committee leadership Tuesday in advance of a hearing on the bill.