2021 - Updates to the NACHA Operating Rule Changes 2021 and 2022

Define amendments to the Rules on Expanding Same Day ACH and how these changes will affect you as a financial institution, including the recent extension on expanding SDA timeframe
Describe the potential impact on participants in the ACH network with approved changes to other ACH Risk Management topics such as:
Supplementing the fraud detection standard for Internet-initiated (WEB) debits
Supplementing the existing account information security requirements for large Originators and Third-Parties (effective date has been extended)
Details on the most recent change to specifying the details of an unauthorized return by adding R11 to further define the “why” or purpose of return entry
Will include details on the six 2020 Operations Bulletins as issued by NACHA since Jan 2020
Updates regarding the RFC on Meaningful Modernization (comments were due by May 1, 2020)