This critical annual payments webinar will take attendees through the NACHA Operating Rules that went into effect in 2019 and those set to go into effect 2020 and 2021. These include:
- Same Day and Funds Availability,
- Same Day Limit Increase,
- Fraud Detection Standards for WEB Debits,
- Expanding Same Day ACH window deposit deadlines and differentiating unauthorized codes.
Attendees will learn the specifics of the Rules, how to implement these Rules into your daily process and review all documentation requirements.
This payments webinar will also focus on the new FedNOW real time payments service that was recently announced and provide attendees with what this service entails, what this means to your financial institution and your customer base and considerations when making your strategic decision to provide this service. This session will also review the status of the faster payments initiative and how to effectively communicate this initiative and ways you can participate to your executive management and board of directors.