Navigating the Uncharted Waters: Understanding Third-Party Receivers in the ACH Network

In the ever-evolving landscape of the ACH network, Third-Party Receivers emerge as a pivotal element that remains undefined in the Nacha Operating Rules, raising critical questions for financial institutions and stakeholders. This presentation seeks to shed light on the intricacies surrounding entities operating between receivers and Financial Institutions and demystify their role within the ACH ecosystem. Join us as we embark on a comprehensive journey to explore the fundamentals of Third-Party Receivers. This session aims to equip participants with a comprehensive understanding of Third-Party Receivers, empowering them to make informed decisions, mitigate risks, and fortify the ACH network's security and stability. Join us and be ready to navigate the uncharted waters of this emerging facet in the world of ACH transactions.

Speakers: 

Jordan Bennett, AAP, APRP, Nacha

Sara Hentges, AAP, APRP, NCP, Upper Midwest ACH Association

Tim Thorson, AAP, CTP, Regions Bank

*This recording is not eligible for continuing education credits.

Tag(s): ACH, Nacha Rules, Compliance, Regulatory, Remote Connect