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Onboarding Your First Originator


Event Details*
Thursday, April 1, 2021

Learning Level: Beginner

Event Registration**
Member Price:     $225.00
Non-Member Price:   $325.00

Session Description:

Ready to begin onboarding your first Originator? This session will review onboarding and legal, operational, risk management, and compliance implications to consider when onboarding your first Originator. 

85% of NEACH members are Originating Depository Financial Institutions (ODFI), but do not fit the traditional definition of an ODFI. The volume that makes these institutions ODFIs may be investments, payments, or settlement for the institution itself. 

This session is designed specifically for these institutions. Whether as a pilot or demand, this session will be review the process for an Originator base of one. We will also review onboarding and legal, operational, risk management, and compliance around that very first originator.

Attendees will leave the session with an understanding of:

  1. The difference between an RDFI and ODFI;
  2. Rule requirements around Origination/Article 2;
  3. ODFI risk management and compliance;
  4. Field observations of ongoing Origination practices. 
Joe Casali, EVP, Payments Innovation, NEACH

  • ODFIs with low Origination volume
You might also like:
  • Be sure you have a copy of the Nacha Operating Rules Book
  • Risky Originators: Are Your ACH Originators Meeting Your Risk Appetite?
  • All Onboard! Payment Onboarding

*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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