Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Wednesday, February 14, 2024

  • 12:00 – 1:00 pm (Eastern Time)

  • 11:00 – 12:00 pm (Central Time)

  • 10:00 – 11:00 am (Mountain Time)

  • 9:00 – 10:00 am (Pacific Time)

Curriculum

As new technologies strive to make all facets of our every-day lives easier, the ACH Network is evolving in parallel to reduce the friction in the authorization process by providing Receivers greater control and additional options.  

AGENDA

  • General Rules for Authorizations
  • Debit Entries to Consumer Accounts
  • Sample Authorization for ACH Debits
  • Standing vs Recurring Authorizations
  • SEC Code Scenarios for Standing Authorizations
  • Oral Authorization Requirements


This payments webinar training will provide a deep dive of NACHA's “Meaningful Modernization” rule amendments, implemented in September 17, 2021, that addresses the new concepts of Standing and Oral authorizations and Subsequent Entries, the business cases these new types of authorizations are designed for, and the new risks and controls Originators and financial institutions should consider in implementing these new tools.

Instructor

Wespay, VP - Events Patty Presta

Patty Presta, AAP is responsible for developing and providing education and training to WesPay members through in-person workshops and webinars. She also serves as a staff Advisor to the Education advisory group. Patty has been with WesPay since 2004, and is an Accredited ACH Professional (AAP) through NACHA. Prior to joining WesPay, she developed her skills with the New England ACH Association (NEACH) as their Assistant Vice President of Education. She also holds both AAP and NCP accreditations.

Credits

1.0 CPE Credits & 1.2 AAP Credits