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Nacha Quarterly Update
- The foundation of ACH and Nacha
- 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
Overview of the webinar
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.
Who should attend?
- Office Managers
- HR Professionals
- Bookkeepers
- Accountants
- Business Owners
- CPAs
- EAs
- AFSPs
- Tax Professionals
Why should you attend?
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. The ACH network continues to go through enhancements and Nacha continues to publish new or amended rules to go along with the technology enhancements.
Nacha manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data in the United States and is an association for the payments industry. The operating rules, enforced by Nacha, provide financial institutions with a framework to operate within.
Faculty - Mr.Justin Muscolino
Justin brings over 20 years of wide-arranging experience in compliance, training and regulations. Most recently, he served as Head of Compliance Training at Bank of China where he led the compliance training function and created and monitored the annual training plan through a thorough training needs analysis. Previously he served as Macquarie Group’s Head of Americas Compliance Training and JPMorgan Chase’s Compliance Training Manager.Justin also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function.