Curriculum

Each year, the National Automated Clearing House Association (NACHA) publishes its Rules that outline the requirements for all participating depository financial institutions participating in the ACH network. A requirement in accordance with the NACHA Operating Rules is to educate ACH Originators and Third-Party Senders on their obligations under the Rules. This webinar will focus on the 2019 Rules changes that mostly impact ACH Originators and Third-Party Senders and focus on fraud trends that will bring awareness to ACH Originators and Third-Party Senders and mitigate the risks of their account being compromised and/or their employees getting exploited through social engineering attacks to surrender sensitive information.

Topics Covered:

  • Expansion of Same Day Deadlines;
  • Dollar limit increases for Same Day ACH;
  • Other 2019 and 2020 NACHA Rules Changes and Initiatives
  • Existing ACH Originator and Third-Party Sender top obligations for complying with the NACHA Operating Rules;
  • Top fraud trends in ACH that have significantly increased reputational and financial risk for ACH Originator and Third-Party Senders.
  • Best Business Practice Document Included

This payments webinar will include a best business practice document for ACH Originators and Third-Party Senders to add to their daily operational procedures as reminders for compliance with existing and 2019 NACHA Operating Rules Changes.

Who Should Attend?

  • ACH Originators
  • ACH Third Party Senders
  • Account Officers
  • Relationship Managers
  • Treasury Managers
  • Information Security Officers
  • Payments Professionals
  • Electronic Banking Management/Staff
  • Deposit Operations Management/Staff
  • Risk Management
  • Internal Auditors
  • Compliance Management/Staff
  • Senior Management 

Instructor

  • Terri Sands

    Terri Sands

    Secura Risk Management / Founder


    Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits