What's in an ACH Originator Risk Review?

ACH Originator Reviews are an essential component of an effective risk management strategy for financial institutions. In this session, the presenter will discuss the importance of conducting reviews of ACH originators, the potential risks associated with origination, and the best practices for conducting such reviews.

The presenter will start by defining what constitutes a high-risk ACH originator and the reasons why they pose a significant risk to financial institutions. Next, we will delve into the regulatory requirements for conducting high-risk ACH originator reviews. The session will then move on to discussing the best practices for conducting high-risk ACH originator reviews. This will include strategies for identifying high-risk originators, assessing their risk level, and implementing effective risk management controls. We will also discuss the importance of ongoing monitoring and the tools and technologies available to support this process.

Overall, this session will provide a comprehensive overview of high-risk ACH originator reviews and equip participants with the knowledge and tools they need to effectively manage these risks in their own financial institutions.

SPEAKER(s):

Nanci McKenzie, AAP, APRP

EVP, Compliance & Product Strategy

Affirmative Technologies

*This course is eligible for 1.0 AAP/APRP continuing education credits.