Details
 

July 23, 2015
12:30PM - 2:00PM

Exploring Third-Party Sender Registration

Webinar

Presented By NACHA – The Electronic Payments Association & the Regional Payments Associations

Member $199 | Non-Member $398
AAP Credits

Third parties play an important and growing role in the ACH Network as they enable others to efficiently utilize and benefit from ACH payments. However, as Third-Party Sender relationships in particular grow increasingly more complex, there exists the potential for greater risk as well as additional regulatory scrutiny. Understanding the complex and often layered roles and responsibilities, as well as the associated risks, and performing appropriate due diligence are paramount for financial institutions. As part of its continued efforts to foster greater clarity and deliver a range of additional tools and measures to help financial institutions and mitigate risk, NACHA is exploring mandatory, rules-based Third-Party Sender registration. The intent of the undertaking is to provide greater transparency into the activities of Third-Party Senders and assist ODFIs with due diligence and ongoing monitoring of these relationships. 

Increase Awareness

  • What are the greater risks and how likely is additional regulatory scrutiny?
  • Understand what NACHA is proposing and why
  • Learn exactly what it means to your organization
  • Ascertain the timeframe for the proposed changes
     

SPEAKERS:

Cindy Jenkins Senior Director & Group Leader, ACH Network Risk Management, NACHA – The Electronic Payments Association 

Devon Marsh SVP, Treasury Management & Internet Services Risk & Compliance, Wells Fargo  

MODERATOR:

Danita Tyrell, AAP Director, Network Rules, NACHA – The Electronic Payments Association

Register Now

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Add to Calendar aCLuDhaqizCaPxAftmqF167204 07/23/2015 12:30 PM 07/23/2015 02:00 PM false Exploring Third-Party Sender Registration Member $199 | Non-Member $398 Third parties play an important and growing role in the ACH Network as they enable others to efficiently utilize and benefit from ACH payments. However, as Third-Party Sender relationships in particular grow increasingly more complex, there exists the potential for greater risk as well as additional regulatory scrutiny. Understanding the complex and often layered roles and responsibilities, as well as the associated risks, and performing appropriate due diligence are paramount for financial institutions. As part of its continued efforts to foster greater clarity and deliver a range of additional tools and measures to help financial institutions and mitigate risk, NACHA is exploring mandatory, rules-based Third-Party Sender registration. The intent of the undertaking is to provide greater transparency into the activities of Third-Party Senders and assist ODFIs with due diligence and ongoing monitoring of these relationships.  Increase Awareness What are the greater risks and how likely is additional regulatory scrutiny? Understand what NACHA is proposing and why Learn exactly what it means to your organization Ascertain the timeframe for the proposed changes  SPEAKERS: Cindy Jenkins Senior Director & Group Leader, ACH Network Risk Management, NACHA – The Electronic Payments Association  Devon Marsh SVP, Treasury Management & Internet Services Risk & Compliance, Wells Fargo   MODERATOR: Danita Tyrell, AAP Director, Network Rules, NACHA – The Electronic Payments Association Presented By NACHA – The Electronic Payments Association & the Regional Payments Associations