Recorded June 8, 2017
Third-Party Senders play an important and valuable role in the ACH Network, but it is important that financial institutions understand and appropriately manage these relationships. NACHA’s new rule on Third-Party Sender Registration becomes effective on Sept. 29, 2017. Under the rule, an Originating Depository Financial Institution (ODFI) will either register its Third-Party Sender customer(s) with NACHA, or provide to NACHA a statement that it has no such customers. This webinar covers the rationale and the requirements of the new rule, as well as an ODFI’s perspective on managing its Third-Party Sender clients and its preparations to provide the registration information.
Senior Managing Director, NACHA – The Electronic Payments Association
Joe W. Hussey
Managing Director, J.P. Morgan
Danita Tyrrell, AAP
Director, ACH Network Rules Development & Tech Support, NACHA – The Electronic Payments Association