Keeping Up with NACHA: Exploring the Latest Operating Rules Changes for 2022-2023
Speaker: Donna K Olheiser, AAP
Speaker Designation: VP of Education & Founder, Dynamic Mastership
Speaker: Donna K Olheiser, AAP
Speaker Designation: VP of Education & Founder, Dynamic Mastership
Each participant in the ACH Network is required to follow the Nacha Operating Rules and be compliant. These new amendments recently passed changed ACH Network processes – this is a NEED to know!
This session will provide an overview of the ACH Network and how it works, plus Same Day ACH (SDA) functionality, and a recent change to late-night file delivery from the Federal Reserve.
We will discuss details on the new amendments made in 2022, clarifying the roles and responsibilities of Third-Party Senders (TPS) in the ACH Network by; addressing the existing practice of Nested Third-Party Sender relationships, and more (effective in Sept 2022)
Micro-Entries (Phase 1 & 2) Rules Updates will be included.
To remain in compliance with the Rules, participants in the ACH network need to ensure they are up to date on recent changes and newly approved amendments to the Rules.
This session will also cover the newly approved details and any recent updates by NACHA, plus how these changes affect you as a participant in the ACH network, whether you are an ODFI, an RDFI, or a TPS or TPSP. This is a must-attend session, your ACH operations process IS CHANGING!
The NACHA Operating Rules are always changing, and as a participant in the network, you need to be in compliance with these Rules changes. The webinar will cover details relating to the Rules and tips to help participants in the ACH Network ensure compliance with Rules changes that happened in 2022 and 2023.
This webinar will provide valuable insight for:
Donna founded Dynamic Mastership, LLC in December 2014 in an effort to utilize her 24+ years’ experience in the financial services industry, by sharing her passion for training financial institutions and organizations on the Rules and processes for electronic payments (with her specialty being ACH payments). She holds the Accredited ACH Professional (AAP) designation (achieved in 2004). Donna’s experience before founding Dynamic Mastership, includes 9 years' serving as the Education Service Director at a Regional Payments Association (RPA), where she managed and facilitated the entire Education program for nearly 800 financial institution members. Prior to that, Donna spent 14 years with the Federal Reserve Bank of Minneapolis in various departments, where she started her training career as the Training and Development Specialist in 2003.
Donna is a certified Master Trainer who continually uses her extensive knowledge, experience, enthusiasm and passion for transferring payment processing details, while using the adult learning theory is remarkable! Her training style has helped many payment professionals remain consistently informed of the NEW and ever-changing NACHA Operating Rules and explaining how the Rules apply when performing daily operational tasks including complex return and exception processing. She incorporates scenarios and examples in her detailed training, so the Rules are easy to comprehend and apply to real-life day-to-day ACH processing. Donna's ability to engage the learner through the entire training event helps the adult learner apply what they've learned during and after each training session.
