Description
Join us 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 institutions, 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.
* Please note that the recording links will be delivered to you via a downloadable word document in your confirmation e-mail. The PowerPoint that corresponds with the recording will be automatically delivered upon purchasing via email from the website.
