Product Page - AAP Summer Series #10: Rule Breakers: How Nacha Resolves ACH Network Compliance Issues
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$450.00 USD
Recording Date(s): August 27, 2024
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA’s Education Team
Length: 90 minutes
Description: This webinar is part of UMACHA's 2024 AAP Exam Prep Series. As much as we wish everything operated smoothly within the ACH Network, there are times when things go wrong. In this session, we will discuss three concepts essential for aspiring AAPs and payments professionals to understand: Compensation, Arbitration, and Nacha’s System of Fines (i.e., Rules Enforcement). Have you ever found yourself in a situation where you’ve been sending Notifications of Change to an ODFI, but the changes are not being made? Perhaps you’re an RDFI dealing with an ACH dispute involving Entries beyond the 60-day extended return time frame, and you’re unsure how to recover the funds. This session will explore how Compensation, Arbitration, and Nacha’s System of Fines can help resolve these issues.
Continuing Education Credits: 1.8 AAP/APRP CECs
Additional Information:
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA’s Education Team
Length: 90 minutes
Description: This webinar is part of UMACHA's 2024 AAP Exam Prep Series. As much as we wish everything operated smoothly within the ACH Network, there are times when things go wrong. In this session, we will discuss three concepts essential for aspiring AAPs and payments professionals to understand: Compensation, Arbitration, and Nacha’s System of Fines (i.e., Rules Enforcement). Have you ever found yourself in a situation where you’ve been sending Notifications of Change to an ODFI, but the changes are not being made? Perhaps you’re an RDFI dealing with an ACH dispute involving Entries beyond the 60-day extended return time frame, and you’re unsure how to recover the funds. This session will explore how Compensation, Arbitration, and Nacha’s System of Fines can help resolve these issues.
Continuing Education Credits: 1.8 AAP/APRP CECs
Additional Information:
- Upon completion of the purchase, the purchaser will be immediately prompted to download a PDF or zip file. Each PDF will contain a link to view the purchased webinar(s). Access to the recorded webinar(s) is limited to 60 days following the purchase.
- UMACHA is required to collect Sales & Use tax, in addition to Municipal tax (city tax), on the services that are provided in the state of South Dakota, and recorded webinars in the state of Minnesota.