2024 ACH Specialist Series

The popularity of remote deposit capture has grown exponentially. The flip side is that there has also been an increase in duplicate checks. Do you know how to handle these returns under various scenarios? What timeframe applies? What if it’s outside the return timeframe? Do you know which code to use? What are the compliance requirements? Join us to learn the answers to these questions and more.

Regardless of whether you are an ODFI, RDFI, or both, your institution makes warranties and indemnities to other ACH Network participants every day. This program will address what a warranty and an indemnity is and the importance of understanding them. It will take a deep dive into ACH authorizations, Notifications of Change, and transactions where an eligible source document (i.e., check) is converted to an ACH debit. You’ll also learn what to do when you are unable to resolve a dispute with another financial institution regarding an asserted breach of warranty. This session is ideal for treasury management and ACH operations staff.

The federal government operates by their own set of rules for ACH payments. Therefore, improper handling of Death Notification Entries (DNEs), government reclamations, and garnishments can expose financial institutions to potentially significant dollar losses. This session will cover the proper procedures for handling ACH government reclamations and the garnishment of accounts receiving federal ACH benefit payments. It will provide insight into how federal government payment rules differ from ACH rules and provide peace of mind that you will have all the right answers.

The tremendous increase in electronic payment fraud has resulted in staggering losses to financial institutions. Liability varies depending on the type of fraud, how it occurred, and whether it was a consumer or commercial account. The assorted legalities are mindboggling. UCC Article 4A permits financial institutions to shift liability to commercial accountholders in certain situations, while Regulation E provides much more protection to consumers. The Nacha rules make the originating depository financial institution (ODFI) ultimately liable for an unauthorized ACH, but it is difficult to get the ODFI to pay after the return deadlines. In all situations, however, the law requires financial institutions to use commercially reasonable security procedures. This webinar will explain which party is liable for the various types of ACH payment fraud and what can be done to protect your institution from liability in both commercial and consumer situations.

Join this important update to learn the latest on ACH payment processing for 2024. This informative webinar will address recent Nacha initiatives and upcoming ACH rule amendments aimed at abating credit-push fraud. You’ll learn about the effects on your institution and how to prioritize an action plan. Don’t let this opportunity for expert insight and forecasting pass you by.

Do you know the seven rules that affect instant payments? Do you know how they control the instant payments system? Whether you originate or receive instant payments, this webinar will be beneficial. It will walk through various scenarios to determine the governing rule, law, or regulation, and how to apply it to instant payment processing challenges.