NAFCU webcast to prepare CUs for ACH audits
Sept. 27, 2013 – NAFCU’s Oct. 2 webcast, “Preparing for Your Annual ACH Audit and Risk Assessments,” addresses the new NACHA – The Electronic Payments Association operating rules and how they will affect credit unions’ automated clearinghouse audits.
The webcast will be led by SWACHA President and CEO Dennis Simmons. SWACHA – The Electronic Payments Resource is one of the largest regional payments associations in the country. Simmons is a member of the board of directors of NACHA, the chair of NACHA’s Government Relations Committee, past chair of NACHA’s Electronic Check Council, past co-chair of NACHA’s Risk Management Advisory Group and the current chair of the Payments Executives Leadership Forum. As well as an explanation of the latest NACHA operating rule changes, he will provide insight as to how to navigate through credit unions’ ACH audit and risk assessment.
Key takeaways from the Oct. 2 webcast will include:
- an overview of new ACH audit points required in 2013;
- regulators’ expectations for the ACH audit and how to avoid potentially costly rule violations; and
- guidance on how to conduct an effective risk assessment.
NAFCU Certified Compliance Officers who submit an affidavit of attendance for this webcast to email@example.com will receive 1.5 continuing education units. NAFCU’s webcasts include live streaming video and audio of the presenters along with presentation slides and downloadable handouts. Webcasts are available for 12 months after the live broadcast and are included in the registration fee.
"Preparing for Your Annual ACH Audit and Risk Assessments" webcast