Events

Designed to help your institution identify anomalous activity and supplement your fraud detection and alerting tools, the FedDetect service, a new addition to our FedACH Risk® Management Services, allows subscribed users to receive notifications via secure email when anomalous FedACH activity is detected.  FedDetect Anomaly Notification for FedACH® Services launched January 2024 and is already providing hundreds of enrolled financial institutions with another layer of fraud detection and alerting tools.

Discover the benefits:

• Identify atypical activity for the current day using baselines established for your financial institution's historical activity or by comparing your ACH transactions to industry rules

• Receive timely notifications when anomalies are detected, allowing you to address concerns.

• Adhere to Nacha rules around notifications of change and help avoid future rule violations, contributing to overall efficiencies within the ACH network.

• Avoid overdraft situations by monitoring same-day activity at the final same-day deadline.

This compliance-based workshop addresses the heightened regulatory concerns in our rapidly changing payments environment. This intermediate-level workshop focusing on risk mitigation explores new ACH Rules and the options to implement these changes successfully. A focused discussion of ACH origination provides you with the vital information needed to formulate a strategy to effectively implement and grow your program while avoiding costly common mistakes. This session also examines an RDFI’s liability for all post-death federal benefit payments to help you limit your institution’s liability.

Two or more years of ACH experience is recommended due to the elevated level of discussion that will give you valuable insight into the development of your organization’s ACH policies and procedures.

To offer flexibility for your scheduling convenience, this workshop is offered over two full days or three half day sessions.

Take-aways:

• ACH Compliance Checklist
• Gap analysis document for evaluation of ACH risk management programs
• Other checklists and quick references

This compliance-based workshop addresses the heightened regulatory concerns in our rapidly changing payments environment. This intermediate-level workshop focusing on risk mitigation explores new ACH Rules and the options to implement these changes successfully. A focused discussion of ACH origination provides you with the vital information needed to formulate a strategy to effectively implement and grow your program while avoiding costly common mistakes. This session also examines an RDFI’s liability for all post-death federal benefit payments to help you limit your institution’s liability.

Two or more years of ACH experience is recommended due to the elevated level of discussion that will give you valuable insight into the development of your organization’s ACH policies and procedures.

To offer flexibility for your scheduling convenience, this workshop is offered over two full days or three half day sessions.

Take-aways:

• ACH Compliance Checklist
• Gap analysis document for evaluation of ACH risk management programs
• Other checklists and quick references