As a financial institution, a third-party sender, or a third-party service provider, you must follow the NACHA Operating Rules each year – they are always changing! This webinar will provide all the details necessary to help each participant maintain compliance with the new NACHA operating rules changes, 2020 and beyond.
Topics such as the already implemented “faster funds availability” for ALL ACH transactions, and the addition of a new window for Same Day ACH (SDA) allowing two more hours for the SDA functionality, going into effect in 2021, PLUS, details on increasing the per-transaction limit for each SDA Entry will also be discussed. RDFI’s will need to change their process when returning unauthorized Entries with the reclassifying of Return Reason Code R11.
In addition, ACH Risk management and quality measures with Rules changes for supplemented security requirements for WEB debits AND the addition of supplementing the existing account information security requirements for large Originators and Third Parties.
Register today for your chance to hear all the details and examine how these new NACHA rules will impact your ACH Operations areas.
To ensure compliance with the NACHA Operating Rules, participants in the ACH network need to ensure they are up-to-date on recent changes and newly approved amendments to the Rules.
This session will cover all the newly approved details and any recent updates by NACHA, plus how these changes affect you as a participant in the ACH network, whether you are an ODFI, an RDFI or a TPS or TPSP. There are several pertinent changes to the NACHA Operating Rules, including a big change to differentiating between the reasons “why” an Entry is being returned as unauthorized.
o Supplementing the fraud detection standard for Internet-initiated (WEB) debits
o Supplementing the existing account information security requirements for large Originators and Third-Parties
There are always changes happening in the NACHA operating rules each year! Are you compliant with these changes, do you know the details on the how and why the changes need to be followed? As a participant in the ACH Network, you are required to be in compliance with the New NACHA Rules, which include any and all upcoming changes. This session will provide all the details on the recently approved amendments, which go into effect in 2020 and the future, including enhancements to Same Day ACH entries (SDA) and discovering the options now available when returning unauthorized entries. Included will be necessary changes to Rules that continue to ensure quality ACH transactions are being transmitted and for ACH Risk Management, by NACHA supplementing the Data Security requirements and Fraud Detection standards for Originators of WEB debits; and adding to the existing account information security requirements for large Originators and Third-Parties.
To ensure compliance with the NACHA Operating Rules, participants in the ACH network need to ensure they are up-to-date on recent changes and newly approved amendments to the Rules.
This session will cover all the newly approved details and any recent updates by NACHA, plus how these changes affect you as a participant in the ACH network, whether you are an ODFI, an RDFI or a TPS or TPSP. There are several pertinent changes to the NACHA Operating Rules, including a big change to differentiating between the reasons “why” an Entry is being returned as unauthorized.
o Supplementing the fraud detection standard for Internet-initiated (WEB) debits
o Supplementing the existing account information security requirements for large Originators and Third-Parties
There are always changes happening in the NACHA operating rules each year! Are you compliant with these changes, do you know the details on the how and why the changes need to be followed? As a participant in the ACH Network, you are required to be in compliance with the New NACHA Rules, which include any and all upcoming changes. This session will provide all the details on the recently approved amendments, which go into effect in 2020 and the future, including enhancements to Same Day ACH entries (SDA) and discovering the options now available when returning unauthorized entries. Included will be necessary changes to Rules that continue to ensure quality ACH transactions are being transmitted and for ACH Risk Management, by NACHA supplementing the Data Security requirements and Fraud Detection standards for Originators of WEB debits; and adding to the existing account information security requirements for large Originators and Third-Parties.
Donna K Olheiser
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience …
SOPs - How to Write Them to Satisfy those Inspectors
Why EBITDA Doesn't Spell Cash Flow and What Does
How to Give Corrective Feedback: The CARE Model - Eliminati…
With Mandatory Paid Leave Gaining Ground Is It Time To Do A…
Marketing to Medicare or Medicaid Beneficiaries - What You …
Documenting Misconduct that Will Stand Up in Court
Trial Master File (TMF)/eTMF, & FDAs Draft Guidance for Ele…
Tattoos, hijabs, piercings, and pink hair: The challenges …
Project Management for Non-Project Managers - How to commun…
OSHA Requirements for Supervisors, Project Leaders & HR - W…
Humane Layoffs: How to Let People Go with Compassion and De…
Female to Female Hostility @Workplace: All you Need to Know
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
FFIEC BSA/AML Examination Manual: What Compliance Officers …
Sunshine Act Reporting - Clarification for Clinical Research
Conquer Toxic People - Learn To Protect Yourself And Get Yo…
Understanding the Artificial Intelligence Landscape
Holiday Stress and Loss: The Art of Stress Resilience in E…
Establishing Appropriate Quality Metrics and Key Performanc…
Ultimate Persuasion Strategies! - Secret Influence Tools & …
Is Your Culture Working For or Against Your Success? If You…
Using High-Performance Coaching for Managers to Address Per…
Excel - 10 Key Worksheet Functions to Skyrocket Your Produc…
Red flags that can render your OSHA Safety Program Complete…
Utilizing HR Metrics to Illustrate & Improve Human Resource…
Onboarding is NOT Orientation - How to Improve the New Empl…
The Anti-Kickback Statute: Enforcement and Recent Updates
FDA Technology Modernization Action Plan (TMAP) and Impact …
How to Prepare For and Host a FDA Inspection and Respond to…
Eliminate Harmful And Unproductive Drama In The Workplace
Excel - Pivot Tables - The Key To Modern Data Analysis and …
Managing Toxic & Other Employees Who Have Attitude Issues
Building GMP Excellence: A Guide to Implementing Compliant …
Improving Employee Engagement & Retention Through Stay Inte…
Human Error Reduction Techniques for Floor Supervisors
Excel Power Skills: Master Functions, Formulas, and Macros …