Rock Out Your Payments Updates!
Did somebody say ENCORE? Our rock star trainers are hitting the road again in 2025 for our member-favorite Payment Systems Update tour!
Join us at a venue near you or virtually to find out what your organization needs to know to ROCK OUT upcoming payments changes and challenges impacting your organization in 2025 and beyond, including:
Welcome to the ACH Jungle
In response to heightened credit push fraud, Nacha has created new ACH Rules for multiple participants within the ACH Network. ODFIs, non-consumer Originators and Third-Party Senders or Service Providers will have to establish and implement risk-based processes and procedures to identify fraud, while RDFIs would have to do the same for their received ACH credits. Join us for a discussion on how to assist these participants to become compliant with these new Rules.
Fast as Instant Payments Lightning
Whether your organization is already participating in FedNow® and RTP® or you’re still in the planning stages, we will delve into topics that will be important in your instant payments journey. This session includes a discussion on FedNow® and RTP® participation updates, RTP® audit requirements, return requests, Requests for Payment breaches of warranty, fraud mitigation and more.
Land of Check Confusion
With the continued increase in check fraud over the last couple of years, the volume of duplicate check returns and Breach of Warranty claims have also increased. There appears to be confusion as to what constitutes a "true" duplicate item and in which situations a breach of warranty claim should be made. This session will focus on identifying a duplicate item, what organizations can do if they receive a duplicate return or adjustment and how to prevent denial of breach of warranty claims.
Fraudster Deeds Done Dirt Cheap
A recent fraud survey revealed that only 33% of financial institutions have the capability to identify credit-push fraud. Even more concerning, just two-thirds of these institutions use software to detect such fraud. These findings underscore the lack of readiness in addressing fraud. Join us to delve deeper into current trends and effective mitigation techniques, and to better equip your institution in the fight against fraud.