ACH Origination and Risk: A Guide to Being an ODFI

Date:

Mar 4, 2025

Register
This informative webinar is designed to provide financial professionals with an understanding of ACH origination. The session will cover the essential fundamentals, including how ACH transactions are initiated, processed, and settled. You’ll gain insights into the critical roles of Originating Depository Financial Institutions (ODFIs), Originators, and Third-Party Senders (TPSs), as well as the common risks like fraud, unauthorized transactions, and credit exposure.
Agenda

Tuesday, March 4th, 2025
11:00 am - 12:30 pm EST

  • Fundamentals of ACH Origination: Learn the basics of ACH origination, including how ACH transactions are initiated, processed, and settled
  • Roles and Responsibilities: Understand the key roles of Originating Depository Financial Institutions (ODFIs), Originators, and Third-Party Senders (TPSs) in the ACH network
  • Risk Factors in ACH Origination: Identify the common risks associated with ACH origination, such as fraud, unauthorized transactions, and credit risk, and understand their potential impact on your institution
  • Compliance with NACHA Rules: Gain insights into the NACHA Operating Rules that govern ACH origination, ensuring your processes are compliant and up-to-date with the latest regulations
  • Risk Management Strategies: Discover best practices for mitigating risks in ACH origination, including due diligence, monitoring, and effective use of ACH dishonored return codes
  • Interactive Q&A Session: Participate in a live Q&A session with the Payments Professor to ask questions, share experiences, and gain practical advice tailored to your specific needs
Topics

Topics

  • Compliance
  • General Compliance
  • Risk Management/Legal
  • Transaction Compliance

Roles

  • Controller/Accountant
  • Deposit Operations Manager/Specialist
  • New Accounts Representative
  • Risk Manager
  • Senior Management
  • Training Manager
  • Trainer

Who Should Attend
This webinar is designed for ACH operations staff, risk managers, compliance officers, and anyone involved in the origination of ACH transactions to equip you with the knowledge and strategies necessary to securely manage ACH origination while minimizing risk and ensuring regulatory compliance.

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.

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