Webinar: What Reg E & the Nacha Rules Mean to You, Including Dealing with Discordant Rules
August 8, 2023 3:00 pm - 4:30 pm
Conflicting rules? Compliance conundrums?
Reg E and Nacha rules both govern ACH transactions. Do you know which is which and when to apply each? This webinar will cover the similarities – and differences – so you are in compliance with every transaction.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand how Regulation E applies to consumer ACH entries
- Apply the Nacha rules to consumer ACH entries
- Clarify which relationship is covered by each rule or regulation
- Explain the error resolution responsibilities for consumer ACH entries
- Define the consumer’s liability for unauthorized entries
WEBINAR DETAILS
Consumer ACH transactions are governed by both Regulation E and the Nacha Operating Rules. Understanding the similarities, and more importantly the differences, between the rules and regulations is crucial to compliance with the requirements set forth by both. What makes this more challenging is that Regulation E and the Nacha rules seem to offer conflicting information. This session will demonstrate that isn’t the case at all. There is a place for both in the ACH Network and learning when to apply each of the two will put you on the road to full compliance. Join us to learn about statement requirements, service fees, error resolution, and more!
WHO SHOULD ATTEND?
This informative session is ideal for ACH operations staff, AAP candidates, and audit and compliance staff.
TAKE-AWAY TOOLKIT
- Error resolution log
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Presenter: Michele Barlow, Macha/PAR
Michele Barlow is the Senior Vice President at Macha/PAR (Everything Payments, Everywhere), a payments association with offices in Wisconsin and Maryland. She is responsible for development and execution of association training and certification programs, conference and event planning, and member service. Michele is a past member of Nacha’s Blue Ribbon Panel and a current member of the Payments Institute’s Board of Regents and the APRP Oversight Panel. She is active on other national committees, and a frequent speaker at industry events.
Prior to joining Macha in 2009, Michele was a corporate trainer for a financial institution. She obtained her AAP and NCP certifications in 2010 and 2011 respectively and has been granted the APRP designation. She holds a bachelor’s from the University of Wisconsin.