Evolution of the Authorization and NACHA's Changes

Evolution of the Authorization and NACHA's "Meaningful Modernization" Changes

Wednesday, February 14, 2024
12:00 – 1:00 pm (Eastern Time)

As new technologies strive to make all facets of our every-day lives easier, the ACH Network is evolving in parallel to reduce the friction in the authorization process by providing Receivers greater control and additional options. 

AGENDA:

  • General Rules for Authorizations
  • Debit Entries to Consumer Accounts
  • Sample Authorization for ACH Debits
  • Standing vs Recurring Authorizations
  • SEC Code Scenarios for Standing Authorizations
  • Oral Authorization Requirements

This payments webinar training will provide a deep dive of NACHA's “Meaningful Modernization” rule amendments, implemented in September 17, 2021, that addresses the new concepts of Standing and Oral authorizations and Subsequent Entries, the business cases these new types of authorizations are designed for, and the new risks and controls Originators and financial institutions should consider in implementing these new tools.

Instructor

Patty Presta
Wespay / VP – Events


Patty is responsible for developing and providing education and training to WesPay members through in-person workshops and webinars. She also serves as a staff Advisor to the Education advisory group. Patty has been with WesPay since 2004, and is an Accredited ACH Professional (AAP) through NACHA. Prior to joining WesPay, she developed her skills with the New England ACH Association (NEACH) as their Assistant Vice President of Education. She also holds both AAP and NCP accreditations.
 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.

 Registration (Member/Non-Member Pricing)

Webinar and Playback* ($295/$445)
*Playback has no expiration. 

Additional Hookup - Registering another banker from a different location ($185/$225)

 
When
2/14/2024
Sign in or create an account to register Last day to register is 8/14/2024