NACHA Rule Changes: What it Means for Fraud Detection and Operations
9:00 AM - 10:00 AMTue
Celebrity Ballroom
Speakers
Brian Keefe
Senior Pre-Sales Consultant, Global Financial Crime Investigator
NICE Actimize
Documents
14_NACHA_Rule_Changes_What it_Means_for_Fraud_Detection_and_Operations
On October 1, 2024, NACHA began to roll out critical rule changes aimed at bolstering fraud detection and risk management across the Automated Clearing House (ACH) network, particularly in addressing credit-push payment fraud. This change signifies a pivotal shift for financial institutions (FIs) of all sizes, which must quickly adapt to meet these new requirements. In this session you’ll learn how to prepare for these changes and what they mean for your current fraud prevention program. We’ll cover: • Key provisions to the new rules • How these rule changes can impact your operational efficiency • The impact of these rules on FI liability