Same Day ACH has been one of the largest changes to the ACH network and Phase 3 is the last part being implemented in March of 2018. How does Phase 3 affect a financial institution or even an Originating company when processing ACH payments in a faster settlement environment. In the fall of 2017, Third-Parties Senders were required to comply with a registration process and that period to complete the registration requirement will end in March of 2018. Attend this webinar for these changes and what they mean to the participants in the ACH network who are responsible for compliance with these Rules.
To remain in compliance with the Rules, the topics covered will include: Details of the funds availability requirement for the last and final phase of Same Day ACH (March 2018); Responsibility of the ODFI and the TPS Registration process which ends in March of 2018. Discussion on other regulatory changes, such as the major changes to Regulation CC (Availability of Funds and Collection of Checks) which was amended by the Federal Reserve Bank, Board of Governors on May 31, 2017 and will become effective on July 1, 2018. Also details on two recent Request For Comment (RFC) from NACHA requesting comments on proposed Rules changes to Same Day ACH, plus a Request For Information (RFI) on expanding the ACH Network, in the near future and what this means to you.
Discussion on RFC’s with deadlines for comments being Jan 26 and Feb 23, 2018: NACHA requests comments on proposed rules to expand Same Day ACH.
To remain in compliance with the Rules, the topics covered will include: Details of the funds availability requirement for the last and final phase of Same Day ACH (March 2018); Responsibility of the ODFI and the TPS Registration process which ends in March of 2018. Discussion on other regulatory changes, such as the major changes to Regulation CC (Availability of Funds and Collection of Checks) which was amended by the Federal Reserve Bank, Board of Governors on May 31, 2017 and will become effective on July 1, 2018. Also details on two recent Request For Comment (RFC) from NACHA requesting comments on proposed Rules changes to Same Day ACH, plus a Request For Information (RFI) on expanding the ACH Network, in the near future and what this means to you.
Discussion on RFC’s with deadlines for comments being Jan 26 and Feb 23, 2018: NACHA requests comments on proposed rules to expand Same Day ACH.
Donna K Olheiser
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience …
Surviving and Thriving Organizational Change and Loss: The …
Impact Assessment and Risk Management for Change Control
Excel Deep Dive: Advanced Tips & Techniques – A 3-hour Work…
How to Write Effective Audit Observations: The Principles f…
Coming Soon - New Minimum Salary Levels for Exempt Employee…
Marijuana: Compliance and Safety in the Workplace
FDA Regulation of Artificial Intelligence/ Machine Learning
Stressed Out: How to Handle Conflict, Difficult People and …
2025 Top Employment Regulations That Will Impact Employers!
How to Handle Workplace Conversations Around Politics and R…
Data Integrity: Compliance with 21 CFR Part 11, SaaS-Cloud,…
How to Give Corrective Feedback: The CARE Model - Eliminati…
Improving Employee Engagement & Retention Through Stay Inte…
SOPs - How to Write Them to Satisfy those Inspectors
Why EBITDA Doesn't Spell Cash Flow and What Does
With Mandatory Paid Leave Gaining Ground Is It Time To Do A…
Marketing to Medicare or Medicaid Beneficiaries - What You …
Human Error Reduction Techniques for Floor Supervisors
Documenting Misconduct that Will Stand Up in Court
Trial Master File (TMF)/eTMF, & FDAs Draft Guidance for Ele…
Tattoos, hijabs, piercings, and pink hair: The challenges …
Project Management for Non-Project Managers - How to commun…
OSHA Requirements for Supervisors, Project Leaders & HR - W…
Humane Layoffs: How to Let People Go with Compassion and De…
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
Sunshine Act Reporting - Clarification for Clinical Research
FFIEC BSA/AML Examination Manual: What Compliance Officers …
Female to Female Hostility @Workplace: All you Need to Know
Onboarding is NOT Orientation - How to Improve the New Empl…
FDA Technology Modernization Action Plan (TMAP) and Impact …
Excel - Pivot Tables - The Key To Modern Data Analysis and …
Managing Toxic & Other Employees Who Have Attitude Issues
Building GMP Excellence: A Guide to Implementing Compliant …
Excel Power Skills: Master Functions, Formulas, and Macros …