[Recording] Meaningful Modernization of the Nacha Operating Rules

Recorded April 22, 2020
Recorded access is valid until Dec. 31, 2020
*All recording purchases are final

 

Nacha is proposing changes to the Rules that would accommodate new technologies and channels for ACH initiation, simplify authorizations, make authorizations and security requirements more consistent across channels, allow flexibility in use of some SEC codes, and reduce administrative and record keeping burdens. This session details these changes and how you can prepare.

Questions answered in this session:

  1. What changes are being made to authorization requirements, SEC codes, warranties, and technology standards?
  2. Can you streamline the return process with agreements to accept returns?

 

Jeanette Hait Blanco
Associate General Counsel - Network, Nacha

Gretchen Elise Lamberg
Counsel, Banking & Financial Services, Sidley Austin, LLP

Jen Wasmund, AAP, CTP, NCP
Senior Manager, Enterprise Payments Risk Management, Capital One

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