Upcoming ACH Rule Changes: New Meaningful Modernization Rules

with
Kimberly Ellis
On-Demand
$149.00
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

ACH expert Kim Ellis will provide step-by-step practical guidance to show you how to update your financial institution’s procedures. You will learn how Meaningful Modernization will affect you and your accountholders.

What You'll Learn

  • What are the new rules?
  • How do the rule changes apply to your financial institution?
  • What impact will the rules have on accountholders and originators?
  • What specific steps must you take to comply before September 17?

Training Overview

New ACH rules take effect on September 17. Have you updated your financial institution’s procedures?

Meaningful Modernization rules will go into effect for the ACH network on September 17. You need to prepare your financial institution now to comply with the rule changes.

The five new rules address standing authorizations, oral authorizations, other authorization proposals, an alternative to proof of authorization, and electronic Written Statements of Unauthorized Debits. You must quickly update your procedures to accommodate the revised requirements.

  • What are the new rules?
  • How do the rule changes apply to your financial institution?
  • What impact will the rules have on accountholders and originators?
  • What specific steps must you take to comply before September 17?

Who Should Attend?

  • ACH operations staff

  • ACH treasury staff

  • Compliance officers

  • Internal and external auditors

  • ACH auditors

  • Operations officers and managers

Expert Presenter

Kim Ellis

  • Director of Education at UMACHA
  • 17 years of banking experience, focusing on deposit operations and compliance management
  • AAP
  • Works with business customers in the community bank market
  • Provides assistance and support for ACH and cash management services

For Teams

Have a team that needs training? Our enterprise customers receive custom branding, reporting and analytics tools, and of course, preferred pricing.