ACH 101: Learn the Essentials of ACH Processing

Date:

Jun 3, 2025

Register

Tuesday, June 3rd, 2025
11:00 am - 12:30 pm EST

This informative webinar is designed to provide an understanding of the ACH Network and its pivotal role in the financial ecosystem. You will receive a foundational overview of ACH, including its functions in delivering electronic payments. You’ll gain insights into the key participants in the ACH process, such as ODFIs, RDFIs, and third-party service providers, and understand how they collaborate to process transactions seamlessly.

Topics
  • What is ACH: An overview of the ACH Network, its role in the financial system, and how it facilitates electronic payments
  • Types of ACH Transactions: Understand the difference between ACH credits and debits, and how each type is used in everyday banking operations
  • ACH Participants: Get to know the key players in the ACH process, including Originating Depository Financial Institutions (ODFIs), Receiving Depository Financial Institutions (RDFIs), and third-party service providers
  • The ACH Payment Cycle: Learn the step-by-step process of how ACH transactions are initiated, processed, and settled
  • Common ACH Applications (aka SEC Codes): Explore practical examples of ACH transactions, such as direct deposit, bill payments, and business-to-business transfers
  • Compliance Basics: Gain an understanding of the essential compliance requirements and risk management practices associated with ACH transactions
Speaker(s)

Kevin Olsen is the Payments Professor bringing enthusiasm and motivation to presentations. Viewing the world as a classroom which is exemplified in the professor’s “edutainment” (when education is motivating, informative, and fun) style of training as he seeks to educate and inform all on the latest developments and trends in the fascinating world of electronic payments Kevin develops programs, presentations, and articles designed to orient and educate financial professionals on a multitude of electronic payment topics. Kevin is also a certified business coach helping lead organizations to innovate and communicate in the ever-changing world of payments, including building of payment strategies with a focus on product development and use cases for faster payments (RTP & FedNow).

Among his many certifications, Kevin is an Accredited ACH Professional (AAP), an Accredited Payments Risk Professional (APRP), an NCP (National Check Payments Certification) as well as an NCP Certified Trainer and a Certified High-Performance Coach (CHPC), and holds a masters in industrial organizational psychology from Liberty University.

Additional Information

Who Should Attend?

Whether you’re just starting out or need a refresher, this session is tailored for deposit and operations staff to provide you with the knowledge and confidence to effectively manage ACH transactions in your daily work.

Fees

299.00 or 1 Token

Available Upgrades

  • 12 Months OnDemand Playback $120.00
  • 12 Months OnDemand Playback + Digital Download $150.00
  • Additional Live Access $125.00 per person
Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380