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Authorizations: Oral is not TEL?!


Event Details*
Friday, April 01, 2022
On-Demand; 1.2 AAP/APRP CEU Eligible
Learning Level: Intermediate

Event Registration

Member Price: $225.00
Non-Member Price: $325.00

There used to be a time when authorizations consisted of a piece of paper and a signature. Then it evolved to phone calls and online authorizations. That evolution happened because of the needs of the consumer and the technology that was available, so it’s safe to say the authorization process will never be that simple again since technology is always changing. In this session, the presenter will go over the recent changes to the authorization process that allows consumers to have a standing authorization with a company and at regular intervals initiate a debit to their account using various devices in the house.

In this session attendees will:
• Compare the different definitions of authorizations.
• Distinguish when an authorization is a standing authorization and the different SEC Codes that can be used for Entries.
• Apply the alternatives solutions for ODFIs and Originators for not providing proof of authorization.

Sandy Ortins, AAP, APRP, NCP, SVP, Operations, NEACH

• Executive/Senior Management
• Product Management
• Risk/Compliance
• Treasury Management

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*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.
** This event is part of the NEACH Education Club. Members who join the Club save $75 off the cost of this event.

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