New ACH Rules Effective 9/30/22: Nested Third-Party Sender Roles & Risks

Third-Party Senders have been a part of ACH origination processing since the late 1980s.  While these relationships are not new, over the last few years the payments industry has recently taken efforts to better define their unique role in the network.  Effective September 30, 2022, new ACH Rules will further define the roles and responsibilities of Third-Party Senders, including the role of Nested Third-Party Sender relationships.  This session will break down the changes to illuminate the chain of agreements and compliance responsibilities for ODFIs, Third-Party Senders, and Nested Third-Party Senders.  After attending, you will be able to identify a Third-Party Sender and a Nested Third-Party Sender, explain their role and responsibilities under the ACH Rules, and apply your knowledge to real-life origination scenarios.

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