2022 - Updates to the NACHA Operating Rule Changes 2022 and Beyond!

Areas Covered in the Webinar:
Define amendments to the Rules on Expanding Same Day ACH and how these changes will affect you as a financial institution, as the RDFI and the ODFI!
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 repurposing Return Reason Code R11 to further define the “why” or purpose of return entry
Includes all details on the six 2020 Operations Bulletins as issued by Nacha since Jan 2020
Updates on the recently approved changes for Meaningful Modernization “Reversals and Enforcement” and and “Limitations on Warranty Claims”. Plus potential changes regarding “Account Information Improvements Through the ACH Network”