Nacha Overhauls Board with Payments Industry Veterans for 2026
Event summary
- Nacha announced its 2026 Board of Directors, adding six new executives from major financial institutions.
- Key additions include Lori Schwartz (JPMorgan Chase) and Mark Robertson (SouthState Bank).
- Joe Hussey (Wells Fargo) continues as Chairperson, with Carl Slabicki (BNY Mellon) as Vice Chairperson.
- The Board oversees the ACH Network, which processed 35.2 billion payments in 2025, valued at $93 trillion.
The big picture
Nacha's board refresh underscores the growing complexity of managing the ACH Network, which remains a cornerstone of U.S. payment infrastructure. The additions of executives from major banks and credit unions signal a push for broader industry collaboration as digital payments evolve. With 35.2 billion transactions in 2025, the network's scalability and security will be key focuses under the new leadership.
What we're watching
- Governance Dynamics
- How the new board composition will influence Nacha's strategic direction amid evolving payments trends.
- ACH Network Growth
- Whether the 2026 board can sustain the ACH Network's expansion, given its critical role in U.S. financial transactions.
- Industry Collaboration
- The pace at which Nacha integrates insights from diverse financial institutions to enhance payments innovation.