Nacha Updates, Changes and More: What to Know for Q1 2025

Due to ever changing regulatory landscape for financial institutions, rules & regulations keep changing or new ones are being added that address payments and back-office functionality. And 2023 was no exception.
Duration: 1 Day
Hours: 2 Hours
Training Level: All Level
Virtual Class Id: 52515
Recorded
Single Attendee
$199.00 $332.00
6 month Access for Recorded
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About the Course:

The ACH network continues to go through enhancements and Nacha continues to publish new or amended rules to go along with the technology enhancements.

During this webinar, we will discuss the current environment, the recent enhancements to the ACH network and the rules that have been created or amended from Nacha. Also, we will review recent changes to the ACH rules and discuss upcoming changes that might impact your organization or specifically, your role.

Course Objective:

  • Understand Nacha's role in managing and governing the ACH Network, including its importance in supporting the electronic movement of money and data.
  • Identify key updates and changes to Nacha Operating Rules for 2024, including enhancements and new regulations that impact payments and back-office processes.
  • Explore how recent technology advancements are driving changes in ACH operations and Nacha rules.
  • Learn strategies to ensure compliance with the updated Nacha rules and implement best practices for smooth ACH operations within financial institutions.
Who is the Target Audience?

  • Legal & Compliance, Banking
Basic Knowledge:

  • No prior knowledge is required

Curriculum
Total Duration: 2 Hours
Understand the Rules Created by Nacha in 2023 and Prior
Know the Future of What Nacha Is Doing in 2024 and Beyond
Overview and Background
Current Environment
Fednow Update
Nacha Operating Rules
Future Changes