Education & Events

ACH Processing and Compliance

Date: 
Sep 26, 2019
IBA Center for Professional Development
8425 Woodfield Crossing Blvd, Suite 155E
Indianapolis
IN
46240
USA
Program Overview: 

PDF Brochure

This full-day seminar brings you the information you need to keep on top of the latest changes in the field of ACH processing. Presented in an easy-to-understand, one-day format, this seminar reviews the basis and structure of all ACH processing - the NACHA Rules. This seminar includes discussion on both receiving and origination. Recent and upcoming changes to the Rules including Same Day ACH: Moving Payments Faster (Phases 3 & “possibly” 4), Third-Party Sender Registration, Unauthorized Entry Fees (UEF), and Compliance and Operational Topics Rules are discussed in detail. The annual expansion of and enhancements to the ACH “self-audit” are thoroughly discussed, and the federal ACH examination is highlighted. The latest impacts to ACH processing from the recent Department of Justice activities are also discussed. Treasury’s Green Book - A Guide to Federal Government ACH Payments and Collections is discussed with a focus on the reclamation process, and Treasury’s triennial updates to 31 CFR 210. An update is also provided on Treasury’s ongoing efforts to expand direct deposit and the utilization of “godirect.gov”. Compliance issues including updated OFAC impacts to ACH processing, suspicious activity reporting (SAR), the federal focus on ACH as part of the annual Bank Secrecy Act (BSA) examination efforts, and the standardization of the garnishment of exempt federal benefits payment processing, are all highlighted. Major areas of ACH risk are addressed, including methods and procedures to minimize risk exposure.

Topics: 

New and Recent NACHA Rules

  • Same Day ACH: Moving Payments Faster (Phases 3 & “possibly” 4)
  • Third-Party Sender Registration
  • Unauthorized Entry Fees (UEF)
  • ACH Network Risk and Enforcement
  • Compliance and Operational Topics

The Latest on Federal Government Payments &
Processing

  • The Green Book – On-Line PDFs
  • 31 CFR Part 210 – 2018 Update
  • Reclamation Process / IRS Tax Refund Processing FAQs
  • Direct Deposit and “godirect.gov” updates

2018 Audit and Examination Guidelines

  • Annual Self-Audit Procedures
  • Federal Audit Guidelines on ACH

Processing Risks

  • Fraud
  • Operational
  • Credit
  • Systemic
  • Compliance
  • Reputational
  • Strategic
  • Terminated Originator Database (TOD)

Regulatory Impacts

  • BSA Examination impacts to ACH Processing
  • Suspicious Activity Reporting (SAR) – Impacts to ACH Operations
  • OFAC – Updated Impacts to ACH Operations
  • Garnishment of Exempt Federal Benefit Payments – Impacts to ACH Operations

Seminar Benefits…….A Complete Update Including:

  • Self-Audit Procedures
  • Green Book Processing
  • Earn 6.0 hours CPE credit
  • Earns 6.6 hours AAP credit
Speaker: 

Mark W. Dever, AAP, CAMS, is a Vice President at ProBank Austin. Prior to joining the firm in 1996, Mr.Dever was vice president and manager of cash management operations for a multi-billion dollar regional bank holding company with several affiliates. He has extensive experience in many areas including the automated clearing house (ACH), domestic wire transfer, affiliate bank post-acquisition conversions and consolidations, bank operation centralizations, and payment system risk. He teaches a variety of PBS seminars including the ACH Processing and Compliance, Anti-Money Laundering and Bank Secrecy Act, and Managing Customer Information seminars. He has lectured at regional and national seminars, and at graduate schools of banking hosted by various bank associations and national industry groups.

Agenda: 

8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns

Location: 

This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155 E, Indianapolis, IN 46240. Directions, map & a list of local hotels are available at www.indianabankers.org or by calling 317-387-9380.

Fees: 

IBA Members
$325 First Person
$155 Additional Attendee From Same Institution

Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates.

Additional Information: 

Who Should Attend

Individuals with operational, product management, compliance, risk management and audit responsibilities will benefit from this program. As a result of this program, attendees will have the basic framework needed to better understand ACH processing and compliance.

 

Association Contact: 

If you have any questions please contact Marcy Borden at 317-387-9380 or via e-mail at mborden@indianabankers.org.

Cancellation Policy: 

Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.

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