Nacha Updates in the ACH Network (Operations Bulletins – RFC and RFI Details)
April 22, 2025
REGISTER NOWDescription:
Join us April 22nd for an in-depth exploration of the latest developments in the ACH Network, covering crucial updates released by Nacha, including two Operations Bulletins from October and December 2024.
The first bulletin, ACH Operations Bulletin #3-2024, delves into the impact of the CFPB’s Personal Financial Data Rights Final Rule on Open Banking and ACH Payments. The second, ACH Operations Bulletin #4-2024, emphasizes the Importance of Maintaining Up-to-Date Routing Transit Numbers. Additionally, we’ll provide an overview of Operations Bulletins #1 and #2.
In the realm of Nacha Rules, recent Request for Comment (RFC) and Request for Information (RFI) initiatives are shaping the future landscape. The RFC proposes adding a fourth window for Same Day ACH payments, enhancing flexibility across all time zones. Our expert trainer will dissect the implications of this RFC for stakeholders: Originators, ODFIs, RDFIs, and Receivers. The RFI focuses on topics like two-day ACH credits and same-day returns, exploring potential impacts on ACH network participants.
Key Discussion Points:
- Detailed analysis of the RFC and RFI
- Potential impacts of proposed Rules changes outlined in the RFC
- Insights into Operations Bulletins #3 and #4
- Clarification on Operations Bulletins #1 and #2
- Understanding the CFPB’s Personal Financial Data Rights Final Rule (Operations Bulletin #3)
- Importance of Up-to-Date Routing Transit Numbers (Operations Bulletin #4)
Who Should Attend:
This session will be most useful for: Operations, Compliance, Risk, and Audit personnel at financial insittuions, third-party processors, originating companies, treasury management professionals, aspiring and current AAPs (Accredited ACH Professionals), bank managers and supervisors.
This webinar is designed for intermediate to advanced participants seeking to stay informed and compliant in the evolving landscape of ACH payments.
Reminder: The registration fee includes live attendance AND a playback recording of the session, available once the session concludes.
This session is eligible for Continuing Education (CE) credits by the American Bankers Association.
Presenters:
Donna Olheiser, AAP
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has over 23 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004). Her extensive knowledge, enthusiasm, and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH
April 22, 2025