Key Learning ObjectivesOverview of New Rules: The course focuses on the "New Credit Risk Management Rules" issued by Nacha, set to enhance the safety of electronic banking. 

• Fraud Monitoring by Originators, Third-Party Service Providers/Third Party Senders and ODFIs.
• ACH Credit Monitoring by RDFIs.

Fraud Prevention Strategies

• Learn about new return reason codes to combat fraudulent transactions.
• Explore how institutions can enhance their fraud detection processes.

Benefits of the Course

• Real-World Applications: Gain practical insights into the application of new rules and how they can be utilized to protect financial institutions and consumers.
• Interactive Learning: Engage with quizzes and activities that reinforce the material covered in the course.
• Updated Compliance Practices: Equip your institution with the necessary tools and knowledge to comply with updated regulations and improve operational efficiency.
• Comprehensive Workbook: 54-page workbook designed to enhance learning and understanding of new regulations.

Who Should Attend

• Banking professionals, compliance officers, risk management teams, treasury management professionals, and any stakeholders involved in ACH transactions.

Join us to secure your knowledge and prepare for the evolving landscape of ACH payments!