Product Page - Nacha Operating Rules Update (2024)
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$450.00 USD
Recording Date(s): April 23, 2024
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA's Education Team
Length: 90 minutes
Description: On March 15, 2024, Nacha’s voting membership approved 15 revisions to the Nacha Operating Rules. Most of the changes are intended to reduce the incidence of fraud, such as Business Email Compromise (BEC), that makes use of credit-push payments. The new rules establish a base level of ACH payment monitoring on all parties in the ACH Network (except consumers). While the new rules do not shift liability for ACH payments, for the first time, receiving financial institutions (RDFIs) will have a defined role in monitoring the ACH payments they receive. These recently approved ACH Rule changes will impact all ODFIs, RDFIs, Non-Consumer Originators, Third-Party Service Providers, and Third-Party Senders. Join us as we explore each of the recently approved revisions and discuss how they could impact your organization.
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: On March 15, 2024, Nacha’s voting membership approved 15 revisions to the Nacha Operating Rules. Most of the changes are intended to reduce the incidence of fraud, such as Business Email Compromise (BEC), that makes use of credit-push payments. The new rules establish a base level of ACH payment monitoring on all parties in the ACH Network (except consumers). While the new rules do not shift liability for ACH payments, for the first time, receiving financial institutions (RDFIs) will have a defined role in monitoring the ACH payments they receive. These recently approved ACH Rule changes will impact all ODFIs, RDFIs, Non-Consumer Originators, Third-Party Service Providers, and Third-Party Senders. Join us as we explore each of the recently approved revisions and discuss how they could impact your organization.
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.
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