"NEW NACHA Rule: Third-Party Sender Registration - Are you Prepared?" - This course is approved by NASBA (National Association of State Boards of Accountancy). Attendees of Live Webinar are eligible for 1.8 CPE credit up on full completion of the course.
Learn what a Third-Party Sender (TPS) is and how this impacts you. Take this training to understand how to determine if you have a Third-Party Sender relationship, the initial, basic registration information to submit to NACHA and the additional registration requirements if requested.
Why Should You Attend:
A NEW Rule was recently approved and will require Originating Depository Financial Institutions (ODFIs) to identify and register their Third-Party Sender customers with NACHA. This Rule becomes effective September 29, 2017.
The registration process will promote consistent customer due diligence among all ODFIs, and serve as a tool to support NACHA’s continuing efforts to maintain ACH Network quality.
In order to understand the impact this will make on the different participants (specifically Third Parties) – we need to identify the “Third-Party Sender” – extremely detailed examples will be used to help with this identification (due diligence) process.
Areas Covered in the Webinar:
Who Will Benefit:
Financial Institutions, ACH Operations Departments, Audit Departments (within financial institutions), Third-Party ACH Processers. Target personnel include:
Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment
Recorded video session
Donna K Olheiser, AAP, is the Vice President of Education Services and founder for Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience, she designed and facilitated over 150 training sessions each year with her expertise being the Rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate/deliver the material through a variety of venues (webinars, tele-seminars, in-person workshops, including regional and national conferences). Donna is also is an experienced Project Manager managing education programs for organizations processing electronic payments and developing personalized training programs for financial institutions. Donna has over 23 years of experience in the financial services industry which includes 9 years’ experience 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 in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004). Donna’s extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, 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. If you have not attended a session with Donna, you should add at least one session to your “to-do list” in 2015, definitely worth your investment!