RTP Self Audit Essentials (Two-Part Series)

Part 1: RTP® Self-Audit Fundamentals – September 24th – 2:00 – 3:30 PM ET

Webinar Description: Kick off this two-part series with an introduction to the essentials of conducting a RTP® self-audit. This session will cover the key requirements for compliance with RTP® Participation and Operating Rules, including timelines, participant responsibilities, and the foundational elements of the audit process. Attendees will explore the importance of annual audits, who can perform them, and how to utilize resources like the RTP Self-Audit Workbook to design and execute a successful audit.

Key areas of focus will include the legal framework of the RTP® Network, 24/7 operational requirements, message capability compliance, and funds availability standards. By the end of this session, participants will have a clear roadmap for initiating their institution’s self-audit and ensuring foundational compliance with RTP rules.

Part 2: Advanced RTP® Self-Audit Techniques – October 1st – 2:00 – 3:30 PM ET

Webinar Description: Build on the fundamentals in Part 2, which dives into the detailed requirements and advanced strategies for completing an RTP® self-audit. This session focuses on identifying and mitigating risks, ensuring compliance with key rules like fraud prevention, error handling, and non-payment messages, and managing obligations for funding and settlement. Attendees will also learn about responding to RTP warranty claims, monitoring customer activities, and managing Payment Service Provider (PSP) relationships.

With practical examples, best practices, and insights into documenting and reporting audit findings, this session provides the tools necessary for conducting a thorough and compliant self-audit. Participants will leave equipped to address challenges, ensure operational efficiency, and meet regulatory expectations in their RTP® operations.

Who Should Attend:

• Compliance officers and audit professionals at financial institutions.
• Payment operations staff involved in RTP® processes.
• Risk management personnel overseeing RTP® compliance.
• Internal auditors and third-party audit consultants.
• Financial institution staff responsible for RTP® system implementation and governance.
• Professionals preparing for Accredited Faster Payments Professional (AFPP) certification or similar credentials.

By attending this series, participants will gain a complete understanding of the RTP® self-audit process, from foundational principles to advanced techniques, ensuring their financial institutions are compliant, secure, and operationally efficient in the real-time payments space.