Training Doyens

OVERVIEW This newly approved change to the NACHA Operating Rules , enables the creation of a valuable resource (created by  NACHA ) with adding the requirement for all financial institutions (who participate in the ACH network) to register  “contact information”   with NACHA. This contact information, when entered on the NACHA website, will be available for all other registered ACH financial institutions, ACH Operators, NACHA, and Payments Associations, for ACH operational, fraud, and risk management issues in the Network  (examples are: proof of authorizations, duplicates, erroneous payments, ACH-related system outages, fraudulent payments and reversals, plus other issues). The “contact details” entered will be for use only by the parties who register, for their own, internal use and limited to ACH purposes, as mentioned. WHY SHOULD YOU ATTEND With this newly approved amendment, beginning July 2020, all ACH participants (ODFI and RDFI) will be require...

OVERVIEW As a financial institution, a third-party sender, or a third-party service provider, you must follow the NACHA Operating Rules each year – they are always changing!  This webinar will provide all the details necessary to help each participant maintain compliance with the new NACHA operating rules changes, 2020 and beyond. Topics such as the already implemented “faster funds availability” for ALL ACH transactions, and the addition of a new window for Same Day ACH (SDA) allowing two more hours for the SDA functionality, going into effect in 2021, PLUS, details on increasing the per-transaction limit for each SDA Entry will also be discussed. RDFI’s will need to change their process when returning unauthorized Entries with the reclassifying of Return Reason Code R11. In addition, ACH Risk management and quality measures with Rules changes for supplemented security requirements for WEB debits AND the addition of supplementing the existing account information securi...

Donna K Olheiser Donna K Olheiser  VP of Education at Dynamic Mastership Years of Experience:  34+ years Areas of Expertise:  Payment Processing Donna K Olheiser , AAP, is the  vice president  of Education Services and founder of Dynamic Mastership, LLC. She 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 electronic (specifically ACH) payments, then scheduling the events to facilitate and deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Her extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks ...

OVERVIEW The  NACHA Operating Rules need to be followed by all financial institutions that process ACH transactions . Our upcoming webinar provides all the details necessary to help them stay in compliance with all the changes coming in 2019 and beyond. The webinar covers the following key areas: ·          Recently approved amendments to the rules on expanding same day ACH processes ·          Potential impact on participants in the ACH network with approved changes to other ACH Risk Management topics  ·          Other “minor rules topics” changes and what this means to you as a participant in the network LEARNING OBJECTIVES Identify the recent rules changes (in 2019 and beyond) Learn the elements of recent rules changes to ensure FI’s and companies are in compliance with these recent changes Know the recently approved ...

OVERVIEW This session will provide the details on the recently approved amendments on enhancing  Same Day ACH (SDA) and raising the dollar limit on SDA transactions (effective in  2019 and 2020 ). In addition, other approved Rules Changes based on recent proposals by  NACHA (National ACH Association)  and how this could affect you as a participant in the ACH Network will be discussed. Details on how an  RDFI  can return a questionable item and other minor rules will be covered. Changes that will affect the  Annual ACH Rules Compliance Audit and Appendix 8 ; including other related topics on ACH Quality and Risk Management such as supplementing Data Security requirements and Fraud Detection standards for  WEB  debits, will be included. WHY SHOULD YOU ATTEND The  NACHA  Operating Rules need to be followed by all financial institutions who process  ACH  transactions. This webinar will provide all the details nec...

OVERVIEW There are changes to the NACHA Operating Rules each year. To remain in compliance with the Rules, the upcoming changes to be 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.  In addition, details on the proposed rules by NACHA to expand Same Day ACH in the future. WHY SHOULD YOU ATTEND The NACHA Operating Rules need to be followed by all financial institutions who process ACH transactions. This webinar will provide all the details necessary to help them stay in compliance with all the changes coming in 2018! Topics such as the NEWLY adopted 2017 T...