AAP Prep School of Study Courses

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Sunday, July 16

Essentials of the ACH Network - Part I
1:45-3:45 p.m. | Fundamental | Emory Amphitheater
AAP Prep/General Payments System
 
This course introduces students to the ACH Network and ACH payments. The instructor reviews functionality to support payments and information, key attributes, and funds flow for debit and credit entries. Students learn how Standard Entry Class (SEC) Codes are used for Direct Deposit and Direct Payment via ACH, consumer and corporate payments, and nonpayment entries. Participant roles and responsibilities are explored as well.

Pamela T. Rodriguez, AAP, CIA, CISA
President & CEO, ePayAdvisors​


Essentials of the ACH Network - Part II
4-5:30 p.m. | Intermediate | Emory Amphitheater​
AAP Prep/General Payments System
 
Students gain a deeper understanding of complex concepts and nuances in the NACHA Operating Rules that relate to payment origination and receipt, risk management, rules, compliance, enforcement and exception processing. Faculty explores operational, legal and business aspects of the Rules, and offers insights into best practices, paying special attention to warranties, liabilities and responsibilities surrounding ACH participation. Students also learn to draw distinctions between commercial and consumer considerations, explore ODFI and RDFI perspectives, and discuss the use of third parties.

Pamela T. Rodriguez, AAP, CIA, CISA
President & CEO, ePayAdvisors​​


Monday, July 17

NEW COURSE
Standard Entry Class Codes 101

10 a.m.-12 p.m. | Fundamental | Emory Amphitheater
AAP Prep/General Payments System
 
Standard Entry Class (SEC) Codes are not one size fits all when it comes to the NACHA Operating Rules that govern them and what that entails. There are different requirements for SEC Codes regarding the specifics of the validity of each code, timeframes, authorization requirements and liabilities. Improper coding can result in a major headache for your organization. Attend this class to gain a better understanding of SEC Codes as you prepare to take the AAP exam, and help your organization avoid compliance issues as well.

Joe Casali, AAP, NCP
Senior Vice President, NEACH

Cindy Thompson, AAP, CTP
Professional Services Manager, The Clearing House​


Lunch & Learn: Do You Want to be an AAP? Part I
12:15-1 p.m. | The Drawing Room
 
Do you have an appetite for being an AAP? If so, be sure to grab your lunch and join your fellow asipring AAPs for this interactive event. AAPs from the Board of Regents focus on exam preparation tips and  provide a forum for AAP candidates to ask questions about subject matter covered in the courses they attend each day. Students who have registered for or are considering sitting for the AAP exam are encouraged to attend. These daily classes vary in content so you do not want to miss either one! Seating is limited to the first 45 students.

Moderated by TPI Board of Regents Members


Audit & Risk Assessment 101
3-4:30 p.m. | Intermediate | Emory Amphitheater​
AAP Prep/Payments Risk & Compliance
 
This course examines the requirements of the annual ACH audit, including both the operational and risk assessment guidelines. It also provides students with necessary information and insights to effectively perform both the ACH and risk assessment audits and to monitor compliance with the NACHA Operating Rules and other regulations. Gain an understanding of the functions that need to be audited, explore where noncompliance may represent increased risk, and assess potential liabilities.

Mary M. Gilmeister, AAP, NCP
WACHA - The Premiere Payments Resource​


Tuesday, July 18

Anatomy of an Image: Corporate & Mobile Angles
10-11:30 a.m. | Fundamental | Lullwater III-V
AAP Prep/General Payments Systems
 
Although the use of electronic payments is ascending, check imaging has proven its viability. This course explores different types of negotiable instruments and the products and systems that support them, such as Remote Deposit Capture (RDC), other mobile options, and corporate availability for those organizations to keep up with these advancements. Images are discussed in the context of financial institution and corporate roles, legal and rule frameworks, risk management and fraud.

Angie Smith, AAP, NCP
SVP, Professional Development Events, Western Payments Alliance​


Payments Systems Regulations
10-11:30 a.m. | Intermediate | Emory Amphitheater
AAP Prep/Payments Risk & Compliance
 
This class introduces students to the so-called “alphabet soup” of laws and regulations that govern payments. The purpose and scope of applicable laws and regulations are explored, as well as how they are administered and enforced. The course also examines how they intersect with private-sector operating rules. Students leave this course with reference tools important for any subsequent courses.

Joe Casali, AAP, NCP
Senior Vice President, NEACH

Jen Wasmund, AAP, NCP
VP, Education & Compliance, Upper Midwest ACH Association​​


Lunch & Learn: Do You Want to be an AAP? Part II
11:45 a.m.-12:30 p.m.
 
Still hungry to be an AAP? If so, be sure to grab your lunch and join your fellow aspiring AAPs for this interactive event. AAPs from the Board of Regents focus on exam preparation tips and provide a forum for AAP candidates to ask questions about subject matter covered in the courses they attended each day. Students who have registered for or are considering sitting for the AAP exam are encouraged to attend. These daily classes vary in content so you don’t want to miss either one! Seating is limited to the first 45 students.

Moderated by TPI Board of Regents Members


NEW COURSE
The Ins & Outs of Exception Processing
12:45-2:45 p.m. | Intermediate | Emory Amphitheater
AAP Prep/Payments Risk & Compliance
 
This course helps students understand and address key exception situations for ACH, checks, wire and card transactions faced by financial institutions and their customers. Students discover what constitutes an exception and explore possible causes of and resolutions to common issues.

Mary M. Gilmeister, AAP, NCP
WACHA - The Premiere Payments Resource​​


Topics in Regulation: UCC4A
3-4:30 p.m. | Intermediate | Emory Amphitheater​
AAP Prep/Payments Risk & Compliance
 
Article 4A of the Uniform Commercial Code requires compliance from financial institutions and corporations, and their business models could be challenged by noncompliance with the obligations defined under the Code. Students gain an overview of the Article, an understanding of how the UCC relates to NACHA Operating Rules and the significance to financial institutions and their corporate clients.

Paul A. Carrubba
Partner, Adams & Reece LLP​​​


NEW COURSE
2017 NACHA Operating Rules: What's New?
3-4:30 p.m. | Intermediate | Lullwater III-V
AAP Prep/General Payments System
 
Students in this course hear a comprehensive overview of newly implemented and upcoming NACHA Operating Rules amendments. Do you know the prominent points of Third-Party Sender Registration? Are you well-informed on evolving ODFI monitoring requirements? Are you prepared to receive Same Day ACH debits? Do you have a clear picture of when these changes go into effect so you can apply sound business practices for compliance? Students come away with a clear understanding of how the latest changes may affect their business.

Jen Wasmund, AAP, NCP
VP, Education & Compliance, Upper Midwest ACH Association​


Who wants to be an AAP? Afterschool Meet Up
5:30-6:30 p.m. | Fundamental | The Quad/Registration Desk
AAP Prep
 
Aspiring AAPs, this is your chance to meet one-on-one with some of the AAPs in attendance at TPI. They will answer your questions, lend you support and provide you with knowledge from their experiences with the AAP exam process. Already an AAP? Come to the AAP Meet Up to share your knowledge with a future AAP.


Wednesday, July 19

NEW COURSE
Preparing for Same Day ACH Debits
10-11:30 a.m. | Intermediate | Lullwater III-V
AAP Prep/General Payments System
 
Now that the Phase 1 of Same Day ACH is up and running, what can we expect from Phase 2? In this course, faculty discusses potential use cases for Same Day ACH debits as well as other topics, such as same day transaction dollar limits and areas that should be addressed to ensure compliance when Same Day ACH debits are implemented in September. From Settlement Date and authorizations to posting, this class ensures you understand and are ready to handle Same Day ACH debits from both the origination and receipt points of view.

Sandy Ortins, AAP
Vice President, Education, NEACH

Jen Wasmund, AAP, NCP
VP, Education & Compliance, Upper Midwest ACH Association​ ​


Topics in Regulation: The Green Book
10-11:30 a.m. | Intermediate | Emory Amphitheater
AAP Prep/Payments Risk & Compliance
 
Government payment rules differ from the NACHA Operating Rules in ways that could affect a financial institution’s liability. This course helps students learn how to limit their institution’s liability by providing broad insight into such differences. Topics include the federal government’s mandate of Direct Deposit via ACH for all benefit payments; how federal rules differ from the NACHA Operating Rules; how to enroll an account holder to receive government payments and how to handle government reclamations and reports of non-receipt items. The instructors also review the handling of government returns, DNEs and NOCs and possible liability for government payments posted in error.

Joe Casali, AAP, NCP
Senior Vice President, NEACH​​


ACH File Formatting
12:45-2:15 p.m. | Intermediate
AAP Prep/General Payments System
 
ACH Origination begins with a properly formatted file. This course focuses on the intricacies of ACH Record Formats. Faculty takes students on a comprehensive and detailed tour of the 94 characters that comprise an ACH entry. Students also review Addenda Records and proper formatting, and examine field purposes, specific field values, and commonly experienced problems. The instructor provides tips for optimizing ACH Network participation with a command of the bits and bytes of ACH.

Michele Barlow, AAP, NCP
Vice President, WACHA - The Premier Payments Resource ​​