Tag: Risk & Compliance
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.
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.
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
Nacha Rule supports understanding and identification of Third-Party Sender relationships by ODFIsHERNDON, Va., March 2, 2018 – Today, Nacha-The Electronic Payments Association® reported that banks and credit unions have registered 9,403 Third-Pa
HERNDON, Va., Sept. 18, 2015 – Nacha—The Electronic Payments Association® announced that the ACH Network Risk and Enforcement Rule goes into effect today.