Event Details*
Friday, April 18, 2025
10:00 - 11:30 am ET
Webinar; 1.8 AAP/APRP CEU Eligible
Level: Intermediate
Event Registration**
Member Price: $200
Non-Member Price: $350
**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’
Bad actors are taking advantage of some institutions' misinterpretation of ACH Risk Management Rules vs. ACH Authorization requirements designed to control Account-to-Account fraud. Fraudsters are raking in the cash and leaving institutions struggling with losses. ODFIs and RDFIs are left grappling with liability shifts, interpreting warranties and liabilities under the ACH Rules and Federal consumer protection laws, and trying to figure out procedures on-the-fly when fraud occurs.
This session dissects the environment of fraudulent Account-to-Account transfers, highlighting:
• Common fraud trends
• Applicable ACH Rules, such as Account Validation Rules vs. ACH Authorization requirements
• What is a valid authorization vs. an invalid authorization under the Rules and Federal law
• ODFI warranties & liabilities
• RDFI responsibilities and breach of warranty action items
The payments world can seem like a never-ending jab of balancing payment rules, laws, risk, and fraud controls. NEACH has you covered with this interactive, actionable webinar where we'll break down the applicable rules and laws to help institutions develop an action plan to knockout fraudulent Account-to-Account transfers!
Who will win this heavyweight championship? You'll have to attend to find out!
Speakers:
In this corner, representing Account Validation Rules and ODFI Risk Management - Mary Morrison!
And the opponent, representing ACH Authorizations and RDFI Risk Management - Rayleen Pirnie!
Audience:
• AAPs
• ACH Coordinator
• ACH Origination
• ACH Receipt
• APRPs
• Audit Department
• Electronic Banking
• Financial Institutions
• Operations
• Payments Rules and Regulations
• Payments and Industry Trends
• Product Management
• Reg E
• Risk Management (Including Fraud Incidents)
You might also like:
• Quarterly Compliance & Fraud Review Series
*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.
**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’