Event Details*
Wednesday, April 23, 2025
2:00 - 3:30 pm 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.’
In today's fast-paced, digital payments landscape, Financial Institutions processing ACH transactions face numerous risks. Risks can quickly multiple with the increased use of FinTech’s, Third-Parties, and solution providers, plus new ACH Rules requirements. Any imbalance can leave the Institution in a position of non-compliance with not only the ACH Rules, but also regulatory requirements.
The Nacha Operating Rules mandate that Financial Institutions must not only assess but also manage all ACH risks by developing a comprehensive Risk Management Program. Regular testing of the program comes in the form of a Risk Assessment, which helps institutions not only identify risks they face from internal processing and external partnerships, but also determine if their controls are effective at properly mitigating threats.
In this session we will explore the realities of an ACH Risk Assessment, highlighting important compliance obligations for ODFIs and RDFIs, and suggested best practices. We will also uncover the top 5 Risk Assessment findings to help Institution’s avoid similar costly mistakes.
At the conclusion of this intermediate session, learners will be able to:
• Identify which rules apply to a financial institutions’ Risk Assessment.
• Compare the institution’s current Risk Assessment criteria to the ACH Rules requirements, including new ACH Rules that affect the Risk Management Program and/or Risk Assessment process.
• Recommend changes to the institutions’ Risk Assessment to increase compliance.
Speakers:
• Caitlyn Mullins-Smith, AAP, APRP, NCP, Lead Advisor, NEACH Payments Group
• Rayleen M. Pirnie, BCJ, AAP, CERP, Director, Risk & Fraud, NEACH
Audience:
• AAPs
• ACH Coordinator
• ACH Origination
• ACH Receipt
• APRPs
• Audit Department
• BSA/Compliance
• Electronic Banking
• Faster Payments/Emerging Payments
• Financial Institutions
• Operations
• Payments Rules and Regulations
• Payments and Industry Trends
• Risk Management (Including Fraud Incidents)
You might also like:
• Preparing for your ACH Audit
*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.’