It’s an issue vexing financial institutions big and small—while keeping Nacha’s National System of Fines busy handling disputes: proof of authorization.

Season 3, Episode 6: A Valuable Tool for ACH Compliance

The new edition of the ACH Compliance Manual is essential for AAP and APRP exam candidates and those prepping for ACH audits or regulatory examinations.

Buy Both and Save 10%

ACH Risk Management Handbook and the ACH Compliance Manual print publications.
 

Preferred Partner for Account Validation/Compliance/Risk and Fraud Prevention

Preferred Partner for ACH Experience/Compliance/ISO 20022

Preferred Partner for Compliance/Risk and Fraud Prevention/ACH Experience

Preferred Partner for Account Validation/Compliance/Risk and Fraud Prevention

Preferred Partner for ACH Experience/Account Validation/Compliance

Preferred Partner for Compliance/ACH Experience

Preferred Partner for Account Validation/Compliance/Risk and Fraud Prevention

Preferred Partner for Risk and Fraud Prevention

Preferred Partner for Compliance

Preferred Partner for Compliance/Risk and Fraud Prevention

Preferred Partner for Compliance

Preferred Partner for Compliance/Risk and Fraud Prevention

Preferred Partner for Compliance/Risk and Fraud Prevention

A checklist approach to payments could help Originators comply with rules and regulations, avoid errors, and reduce fraud. We have a basic electronic payment checklist to consider.

Third-Party Senders that have agreed with a participating Depository Financial Institution to process ACH Entries, including the performance of any functions of an ODFI are required to conduct an annual ACH Rules Compliance Audit.

While most Financial Institutions are entering quality data in the ACH Contact Registry, Nacha has heard about some frustrations in using the Registry.