ProBank ACH Processing and Compliance (EM-ACH) 2020 - Kentucky (A) | Professional Bank Services | 12 November 2020 | Bowling Green, Kentucky USA

This full-day seminar brings you information you need to keep on top of the latest changes in the field of ACH processing. Presented in an easy-to-understand, one-day format, this seminar reviews the basis and structure of all ACH processing - the NACHA Rules. This seminar includes discussion on both receiving and origination. Recent and upcoming changes to the Rules including Expanded Same Day ACH: Moving Payments ("Even") Faster, Quality and Risk Management Topics, Differentiating Among Types of Unauthorized Returns, Rules Compliance Audit Requirements, and Minor Topics Rules changes are discussed in detail. Recent proposed Rules changes including a new capability to utilize the ACH network to exchange non-monetary messaging between DFIs, and limiting the time an RDFI can make a claim against an ODFI’s authorization warranty are reviewed. The annual expansion of and enhancements to the ACH "self-audit" are thoroughly discussed, and the federal ACH examination is highlighted.

Treasury’s Green Book - A Guide to Federal Government ACH Payments and Collections is discussed with a focus on the reclamation process, and Treasury’s triennial updates to 31 CFR 210. An update is also provided on Treasury’s ongoing efforts to expand direct deposit and the utilization of "godirect.gov".

Compliance issues including updated OFAC impacts to ACH processing, suspicious activity reporting (SAR), the federal focus on ACH as part of the annual Bank Secrecy Act (BSA) examination efforts, and the standardization of the garnishment of exempt federal benefits payment processing, are all highlighted. Major areas of ACH risk are addressed, including methods and procedures to minimize risk exposure. This seminar provides attendees with the opportunity to network with other professionals interested in ACH processing and compliance.

TOPICS

New and Recent NACHA Rules:
• Expanded Same Day ACH: Moving Payments ("Even") Faster
• Differentiating Among Types of Unauthorized Returns
• ACH Quality and Risk Management Topics
• ACH Rules Compliance Audit Requirements
• Minor Topics Rules Changes
• ACH Message Entries (proposed)
• Limiting the Time an RDFI May Make a Claim Against the ODFIs Authorization Warranty(proposed)

The Latest on Federal Government Payments & Processing:
• The Green Book – On-Line PDFs
• Reclamation Process
• IRS Tax Refund Processing FAQs
• Direct Deposit and “godirect.org” updates

Audit and Examination Guidelines:
• Annual Self-Audit Procedures- Re-written in 2019
• Federal Audit Guidelines on ACH

Processing Risks
• Fraud
• Operational
• Credit
• Systemic
• Compliance
• Reputational
• Strategic
• Terminated Originator Database (TOD)

Regulatory Impacts:
• BSA Examination impacts to ACH Processing
• Suspicious Activity Reporting (SAR) – Impacts to ACH Operations
• OFAC – Updated Impacts to ACH Operations
• Garnishment of Exempt Federal Benefit Payments – Impacts to ACH Operations

2020 Presenters

Michael O. Anderson
Managing Director, vCard

Jana Berg,CAMS
VP of Operations, vCard

Shelly Berman
Business Development Executive, vCard

Janene Booth
Consultant, vCard

Darla Brogan
Senior Consultant, vCard

Mark Burnside, CRCM
Senior Consultant, vCard

Douglas L. Bushman,CRCM, CAMS
Senior Consultant, vCard

Kathleen A. Caldwell,CAMS, CAFP
Vice President, vCard

Tammy G. Carter
Managing Director, vCard

Anetria Cohen
Vice President, vCard

Michael Darst
Financial Analyst, vCard

Adam M. Davis, CPA
Chief Financial Officer, vCard

Mark W. Dever
Vice President, vCard

Joe Escola, CPA
Consultant, vCard

Kyler M. Evans
Consultant, vCard

Gary W. Farmer
Vice President, Marketing and Communications, vCard

Joseph A. Farrow
Financial Analyst, vCard

Troy Fleck
Senior Consultant, vCard

Taylor Fowler, CAMS
Consultant, vCard

Regina Glass
Vice President, vCard

Leah Hamilton
Vice President & Senior Consultant, vCard

Christopher Hargrove
Chairman and CEO, vCard

Scott Harrison
Senior Consultant, vCard

Thomas C. Hauck
Managing Director, vCard

Jennifer N. Heath
Financial Analyst, vCard

Stephen D. Heckard
Senior Consultant, vCard

Dennis Jessie, CRCM
Senior Consultant, vCard

Kevin Kane
Managing Director, vCard

Teri Laudano
Senior Consultant, vCard

Crystal Lloyd,CRCM, CAFP
Vice President, vCard

David Luken
Vice President, vCard

Craig J. Mancinotti
Managing Director, vCard

Karen I. Mannix
Consultant, vCard

Richard F. Maroney, Jr.
Managing Director, vCard

Margaret McDonald,CAMS
Senior Consultant, vCard

Martin T. Mitchell
Managing Director, vCard

Michael M. Moran
Senior Consultant, vCard

Andrew Morgan
Managing Director, vCard

Robert J. Morgan
Senior Consultant, vCard

Jeffrey L. Morris
Managing Director, vCard

Chris Morris
Financial Analyst, vCard

Robert J. Mullenbach,CRCM
Managing Director-Compliance Division Deputy, vCard

Anita O’Connor
Senior Consultant, vCard

Susan Rapier
Senior Consultant, vCard

Jana E. Renn, CPA, CITP, CGMA
Senior Consultant, vCard

Tony Richardson
Senior Consultant, vCard

Ronald Roberts
Managing Director, vCard

John (Jack) Rogers, III
Vice President, vCard

Ann Scott
Senior Consultant, vCard

Robert Shober
Managing Director, vCard

Paul Simoff
Senior Consultant, vCard

Bradley Snider
Vice President, vCard

Michelle Spelbring
Analyst, vCard

Jon Stovall
Senior Consultant, vCard

K. Natalie Straus
Vice President and Senior Consultant, vCard

Teresa Templeton
Senior Consultant, vCard

Todd Togrul
Managing Director, vCard

Vincent Van Nevel
Managing Director, vCard

Kristen E. Vaughn
Associate, vCard

Matthew L. Wainscott
Associate, vCard

David B. Walter
Senior Financial Analyst, vCard

Jamie Wells
IT Manager, vCard

Michael L. Williams
Senior Financial Analyst, vCard