Speaker(s): Jordan Bennett, AAP, APRP, Sr. Director, Network Risk Management - Nacha

Webinar Description: Third-Party Senders (TPSs) are an integral part of the ACH Network. Each TPS is unique, brings payments expertise, and provides a payments solution for their customers. They also play an important role in keeping the network safe for businesses and consumers. In this session, Jordan will discuss how to identify a TPS, the importance of a financial institution/TPS relationship, and what is expected of a TPS on the ACH Network. The session will cover understanding and mitigating risk, documenting processes and procedures, and auditing and reviewing the systems created by the TPS and FI to ensure secure payments for all parties.