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104 results related to "Risk Management"
February 14, 2025
Notes from the Field: AI is Trending and Nacha Rules Updates Should Be Top of Mind for 2025
… were designed to address and respond to the Nacha published Risk Management Framework speaking to credit-push fraud trends … Depository Financial Institutions (ODFIs) will implement risk-based processes that are designed to reasonably …
February 7, 2025
Should an ODFI Ask a TPS for Proof of a Rules Compliance Audit? Here’s Why RMAG Thinks You Should
… Senders (TPSs) to conduct Rules Compliance Audits and risk assessments of their ACH activities. The Rules also … in the ACH Network.   One question often asked of the risk management and compliance team by sales and …
January 30, 2025
RMAG Fraud Alert – Double-Sided Spoofing
… institutions and their commercial clients.  Nacha’s Risk Management Advisory Group member banks reported seeing the … to Nacha executive management and the Board of Directors on risk management related topics to assure ongoing strength, …
January 22, 2025
An Eventful 2025 is Underway at Nacha
… Pay By Bank, and in true Nacha fashion, identify potential risks. New Nacha Operating Rules amendments regarding … will be compliant. The rules are part of a larger risk management package intended to reduce the incidence of …
November 4, 2024
Invoking the Exemption from the Funds Availability Requirement, and the RDFI’s Associated Notification Requirement
… status. Nacha has enabled a notification tool within its Risk Management Portal that it believes provides a reasonable way … Third, an RDFI is required to establish and implement risk-based processes and procedures that are reasonably …
October 28, 2024
New IAT Exception Request Available in Nacha’s Risk Management Portal
… There’s new functionality in Nacha’s Risk Management Portal that’s going to be very useful to … FIs.  Jeanette Fox, AAP, Nacha Associate Managing Director, Risk Investigations & ACH Network Risk, said a typical use …
August 9, 2024
New Nacha Risk Management Portal Tool Helps RDFIs Comply with New Rules on Fighting Fraud
… after frauds have occurred. And a new feature in Nacha’s Risk Management Portal  helps banks and credit unions in that … said Jeanette Fox, AAP, Nacha Associate Managing Director, Risk Investigations and ACH Network Risk. “RDFIs have a role …
August 1, 2024
Considerations for RDFIs with Fintech Relationships
… has no relationship with the fintech’s customer.  Nacha’s Risk Management Advisory Group (RMAG) recommends a documented … among key relationship structures and aligns with the risk appetite of the RDFI. The RDFI should carefully …
June 19, 2024
Podcast: What’s in Store for 2024’s TPI On Campus and Nacha Risk Retreat
… standards and strategic direction TPI On Campus, the Nacha Risk Retreat, and TPI Home School--said TPI is for everyone, … for your AAP test or APRP,” said Coffey. The Nacha Risk Retreat begins right after TPI On Campus at the same … said one area of focus will be the recently approved risk related changes to the Nacha Rules. “We’re really …

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