Risk Management Tools

Managing Risk Effectively

Use NACHA's Tools

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NACHA strives to empower financial institutions and businesses to protect themselves from risk.

By collaborating with ACH Operators, Regional Payments Associations and other industry partners, we’ve created a toolkit for payments professionals. Each resource and risk mitigation initiative balances the security of the ACH Network with innovation, allowing participants to keep information confidential while still expanding their payments capabilities.

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Terminated Originator Database

NACHA’s commitment to ensuring that the ACH Network maintains the highest level of safety and security for its participants includes working with the industry to employ a comprehensive Risk Management Strategy. A key component in that strategy is the NACHA TOD service – and as ODFIs  and Third-Party Service Providers exchange information on terminated Originators or Third-Party Senders, they help to strengthen the Network.
As subscribers, ODFIs and Third-Party Service Providers will able to perform part of their due diligence for KYC (“Know Your Customer”) by being able to add information on, investigate new and periodically verify Originators and Third-Party Senders.
Inclusion in the NACHA TOD, after being terminated for cause, doesn’t mean an Originator or Third-Party Sender is prohibited from working with another ODFI. However, it allows educated business decisions about new Originators or Third-Party Senders.
NACHA encourages ODFIs and Third-Party Service Providers to use the NACHA TOD service in the following ways:

  • To add information on terminated Originators and Third-Party Senders.
  • To investigate new Originators and Third-Party Senders before bringing them onboard.
  • To periodically verify your current Originators and Third-Party Senders, ensuring they haven’t been recently terminated by another ODFI. 

For more information on the NACHA TOD service, please send an email to TOD@nacha.org

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Originator Watch List

Because your financial institution works with a variety of companies, it can be difficult to quickly and easily determine the risk that each unique Originator or Third-Party Sender poses. To help your ODFI mitigate risks, NACHA maintains an Originator Watch List, which identifies Originators and Third-Party Senders that have met certain risk criteria. The companies on this list aren’t prohibited as customers, but NACHA encourages ODFIs to use the information as part of their risk assessment process and due diligence.
The Originator Watch List is available to employees of financial institutions that use the ACH Network, Regional Payments Associations and ACH Operators.

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Emergency FI Contact Database

Financial institutions face heightened threats from illegal cyber activity, including data breaches and denial of service attacks. NACHA provides an Emergency FI Contact Database as a vehicle for communication during a crisis: financial institutions can collaborate and share information as needed to mitigate threats’ impact on day-to-day operations. This database is designed to include contact information for your financial institution’s key personnel responsible for coordinating threat response activity.

Contribute to or Search the Emergency FI Contact Database