Displaying 1 - 20 of 20

Tag: Risk & Compliance

Article October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’s consumers, businesses and other organizations.
Product August 17, 2020

Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

Article June 2, 2020
This is the third in a series of articles in which the Nacha Risk Management Advisory Group provides sound business practices on various risk management topics based on its experience and expertise.
Article January 21, 2020
Nacha is partnering with seven members of The Center for Payments to expand the reach of Nacha Certified, a voluntary certification program for Third-Party Senders that enhances the quality of the ACH Network. 
Product November 14, 2019

Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

Landing Page July 24, 2019

Everyone has a reason for obtaining their AAP, APRP or both. Some want the fame, the fortune and the glory. Others simply want those sought-after letters on their signature. Whatever your reason is, we're glad you're here. Meet a few of our accredited professionals and learn their reason.

Basic page April 16, 2019

In order to file an ACH Rules Violation, you must be a Depository Financial Institution (DFI) or an ACH Operator. If you are not a DFI or Operator, please contact your financial institution and they can file on your behalf.

Article March 7, 2019

Nacha's Risk Management Advisory Group (RMAG) recently participated in a simulation exercise of a service provider business interruption.   The goal was to gather input and develop a set of sound practices for ACH Network participants when faced with this type of business interruption.

Basic page February 4, 2019

Payments-related regulatory guidance helps to ensure the security and efficient exchange of ACH transactions and other electronic payments. Regulatory bodies such as FinCEN, FFIEC, OCC and others issue and update guidance regularly, and it is important that financial institutions

Basic page February 4, 2019
Nacha’s Risk Management Portal is the single resource to access all of our risk databases. Through the Portal, industry participants can access the Third-Party Sender Registration Database, the Direct Access Registration Database, the Terminated Originator Database, and the Emergency Financial Institution Contact Database. Use of these databases, combined with other sound risk mitigation practices, can help industry participants effectively manage risk. Use the 'Portal Login' below to get started or to update your registration.
Basic page February 4, 2019

Support Nacha Operating Rules Compliance by Reporting Violations

By requiring participants to comply with the Nacha Operating Rules, Nacha maintains a high-quality, secure ACH Network.

Event October 18, 2018
Register today and join the elite group of APRP professionals. APRPs are recognized for exceptional payments systems risk expertise across all payment types. Commit early and take advantage of study tools provided with your exam registration.
Product July 30, 2018

ACH participants must take action to control risk in any payment system — including the ACH Network. The 6th edition explains the types of ACH payments risk, assesses the operational implications and provides sound business practices for developing an effective risk management program.

Article March 2, 2018

Nacha Rule supports understanding and identification of Third-Party Sender relationships by ODFIs 

HERNDON, Va., March 2, 2018 – Today, Nacha-The Electronic Payments Association® reported that banks and credit unions have registered 9,403 Third

Product December 30, 2016

This comprehensive manual explains the requirements of the Nacha Operating Rules & Guidelines and covers topics such as authorizations, disclosures, processing, funds availability, settlement, error resolution, returns, reversals, retention, audit, all Standard Entry Class Codes and

Article November 7, 2016
The Nacha Risk Management Advisory Group (RMAG) is conducting a study of the methodologies used by Originating Depository Financial Institutions (ODFIs) to manage ACH risk in their client portfolios. 
Article September 18, 2015

HERNDON, Va., Sept. 18, 2015 – Nacha—The Electronic Payments Association® announced that the ACH Network Risk and Enforcement Rule goes into effect today.