During this webinar, we will discuss the current environment, the recent enhancements to the ACH network and the rules that have been created or amended from Nacha. We'll also review recent changes to the ACH rules and discuss upcoming changes that might impact your organization or specifically, your role. In the ever-evolving financial services environment, rules and regulations keep changing and new ones are added that address payments and back-office functionality - and 2023 was no exception. The ACH network continues to go through enhancements and Nacha continues to publish new or amended rules to go along with the technology enhancements. Nacha manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data in the United States and is an association for the payments industry. The rules provide an operational framework for financial institutions and are enforced by Nacha.
LEARNING OBJECTIVES
- This training includes an overview of Nacha, shedding light on its crucial functions and contributions. We will examine the present regulatory landscape and latest updates regarding the ACH rules.
WHO WILL BENEFIT?
- Anyone involved in ACH payments, including processing, monitoring, and compliance for ACH, and anyone in Compliance, Legal, Risk Management, Operations and Technology, will benefit from this webinar.
- This training includes an overview of Nacha, shedding light on its crucial functions and contributions. We will examine the present regulatory landscape and latest updates regarding the ACH rules.
- Anyone involved in ACH payments, including processing, monitoring, and compliance for ACH, and anyone in Compliance, Legal, Risk Management, Operations and Technology, will benefit from this webinar.
