2020/2021 NACHA Rules Updates: FedNOW, Faster Payments...

2020/2021 NACHA Rules Updates: FedNOW, Faster Payments...

2020/2021 NACHA Rules Updates: FedNOW, Faster Payments Same Day ACH and Fraud Detection Standards for WEB Debits
Wednesday, February 19, 2020
12:00 – 1:30 pm (Eastern Time)

This critical annual payments webinar will take attendees through the NACHA Operating Rules that went into effect in 2019 and  those set to go into effect 2020 and 2021. These include:

  • Same Day and Funds Availability, 
  • Same Day Limit Increase, 
  • Fraud Detection Standards for WEB Debits,
  • Expanding Same Day ACH window deposit deadlines and differentiating unauthorized codes.   

Attendees will learn the specifics of the Rules, how to implement these Rules into your daily process and review all documentation requirements.  

This payments webinar will also focus on the new FedNOW real time payments service that was recently announced and provide attendees with what this service entails, what this means to your financial institution and your customer base and considerations when making your strategic decision to provide this service.   This session will also review the status of the faster payments initiative and how to effectively communicate this initiative and ways you can participate to your executive management and board of directors.

What to Expect:

  • Learn how to implement the 2020 and 2021 NACHA Operating Rules into your daily workflows and processes;
  • Get educated on the New FedNOW service, what it means and how this may impact your financial institution;
  • Understand how to effectively communicate the Faster Payments Initiative to your executive committee and board of directors to more easily
  • understand the impact and benefits.

Who Should Attend?

  • Electronic Banking 
  • Treasury Operations
  • Operations 
  • Risk Management
  • Internal Audit
  • Compliance 
  • Information Security 
  • Information Technology
  • Senior Management

Instructors

Terri Sands
Secura Risk Management / Founder


Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

If you are having issues with registering online, please contact CBAO's Education,Training & Special Events Coordinator, Patti Webb, (614) 610-1877.

Registration
$295 for Webinar and Playback*
*Playback has no expiration.
 
When
2/19/2020 12:00 PM - 1:00 PM

Sign In