Event Details*
Thursday, February 01, 2024
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Intermediate
Event Registration**
Member Price: $150.00
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.
ACH Origination is the process by which an Originating Depository Financial Institution (ODFI) transmit ACH credit and debit Entries through the network to Receiving Depository Financial Institutions (RDFIs) and ultimately Receiver accounts. Origination is a critical function of the ACH Network and enables businesses and consumers alike to move and manage their funds. ODFIs use origination as a means to attract and retain customers and members. The origination function involves processing elements, controls, and general risk management practices.
In this session, we explore the basics of origination discusses topics such as ACH participant roles and responsibilities, origination process flows, Originator onboarding practices, control mechanisms, and operational processes. Learners attending this session should walk away with a greater understanding of what these functions are and why they matter to the ODFI.
Come join this session to gain a greater understanding of the basics of ACH origination.
Attendees will:
• Discuss the roles and responsibilities of ACH Origination.
• Describe how ACH Origination is used to attract and retain business clients.
• Use the information learned to apply to process and procedure in place.
Speaker:
• Mark Dixon, AAP, APRP, NCP, Vice President, Education, NEACH
Audience:
• AAPs
• ACH Coordinator
• ACH Origination
• Electronic Banking
• Operations
*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.
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.