General Payments School of Study Courses

Enroll Today  


Sunday, July 22

Essentials of the ACH Network Part I
AAP Prep School of Study, General Payments School of Study
1:45 PM-3:45 PM

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.

Faculty: Brenda L. Eckert, AAP, Vice President, ACH Delivery Manager, Wells Fargo


NEW! Strategies for Marketing & Implementing Products: Shark Tank Edition
General Payments School of Study
1:45 PM-3:45 PM

Making the decision to offer a new product or service is merely the first step on a long road. Determining the features and benefits of the product is essential, but selling the product is the key to its success. Students learn to examine the steps for product and service implementation while examining key attributes of marketing strategy and how to take advantage of tools available to assist in delivering this product to the organization. This interactive course provides examples of products ready for implementation, and students will have the opportunity to work together to build a rollout plan and propose it to see if the product would be sold to a shark!

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank


Essentials of the ACH Network Part II
AAP Prep School of Study, General Payments School of Study
4:00 PM-5:30 PM

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.

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


Introduction to Wire Transfers
General Payments School of Study
4:00 PM-5:30 PM

This course introduces students to the primary wire transfer systems in the U.S. -- the Federal Reserve Bank’s Fedwire Funds Transfer System and the Clearing House Interbank Payment System (CHIPS). Topics discussed include the role wire systems play in high-value, urgent payments, and how these systems interplay with other Real-Time Gross Settlement (RTGS) systems and the SWIFT international financial messaging network. Students gain an understanding of the key attributes, capabilities, uses and developments in wire transfers.

Faculty: Stephen Wojciechowicz, AAP,CTP, Director, Deutsche Bank Trust Company Americas


Monday, July 23

Anatomy of an Image
General Payments School of Study
10:15 AM-11:30 AM

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.

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


Concepts of Treasury Management
General Payments School of Study
1:30 PM-2:30 PM

Treasury and cash management are central to corporate payments. Understanding the principles and tools of both is critical. Students delve into the reality of using treasury management services in today's environment, and learn about current trends and developments. Global treasury issues and considerations, fraud prevention, and the risks associated with some services are also addressed, as are the benefits of having a Certified Treasury Professional (CTP) on staff.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank
              Tristan Thompson, VP, Payments Group Manager, Bank Product & Services, UMB Bank, N.A.


Tuesday, July 24

NEW! Same Day ACH: What's Next?
General Payments School of Study
3:00 PM-4:00 PM

With the initial rollout of Same Day ACH completed, it is time to start looking towards the future. In this session, speakers address four potential enhancements to Same Day ACH based on feedback received during the initial phases, including better scheduling for financial institutions on the West Coast, a need to process large-dollar ACH transactions, funds availability, as well as additional features for use cases such as payroll, bill payments and B2B. Attendees leave this session with a better understanding of potential NACHA rule changes, key strategies for leveraging same-day transactions, and operational changes that may be necessary to support potential Same Day ACH enhancements.

Faculty: Sandy Ortins, AAP, Vice President, Education, NEACH
              Jen Wasmund, AAP, CTP, NCP, Enterprise Payments Risk Manager, Capital One


Wednesday, July 25

NEW! Federal Reserve Payments Improvement Update
General Payments School of Study
10:15 AM-11:30 AM

In 2015, the Federal Reserve Faster Payments Task Force embarked on a mission to bring the industry together to build a faster payments strategy. Its work has resulted in a final report, published in late 2017, that lays out a plan and vision for the future. This course takes students on the journey to examine the road ahead for the payments industry through the lens of the task force.

Faculty: Nell Campbell-Drake, AAP, Vice President, Federal Reserve Bank of Atlanta
               Tristan Thompson, VP, Payments Group Manager, Bank Product & Services, UMB Bank, N.A.


Survey of Card Products & Clearing
General Payments School of Study
10:15 AM-11:30 AM

A thorough examination of card networks helps students gain a comprehensive understanding of card-based payments and build a foundation for subsequent card-based concepts. Basic definitions and terms are discussed, as are card-based payment statistics and their impact on the payments industry, examining how business models are changing with regards to emerging risks and fraud, technology, and regulatory forces. Faculty discusses how these impact business lines, relationships, decision making and behavior.

Faculty: Jennifer Stadler, CPP, Senior Director, Education and Communication, PaymentsFirst, Inc.


NEW! Do you Really Understand the NACHA Operating Rules?
General Payments School of Study
12:30 PM-1:30 PM

Do you follow the NACHA Operating Rules to the letter of the rule all the time? Does your organization have processes in place that, when compared to the Rules, might make sense for your organization but could be considered a rules violation? This interactive course looks at some processes that walk a fine line between compliant and noncompliant. Using examples submitted anonymously from other students and from real-life audit findings students come away with an understanding of why the Rules are written as they are and how the application of the Rules may vary.

Faculty: Joseph Casali, AAP, NCP, Senior Vice President, NEACH


ACH File Formats
AAP Prep School of Study, General Payments School of Study
1:45 PM-2:45 PM

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.

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


NEW! The Future of ISO 20022
General Payments School of Study
1:45 PM-2:45 PM

To better enable transactional banking across all geographies, high-value, low-value and real-time payments systems from around the world are adopting ISO 20022. And just as many large, multinational corporations are seeking to do the same. In the U.S., Fedwire is planning to move to ISO 20022. NACHA has addressed various aspects of the standard in relation to ACH payments – notably remittance information and corporate payment operations using ISO 20022 – and The Clearing House’s real-time payments system went live with ISO 20022 as its messaging standards. In a world more connected than ever before, what does all of this mean for your financial institution?

Faculty: Nell Campbell-Drake, AAP, Vice President, Federal Reserve Bank of Atlanta