FedNow® and RTP® Compliance with OFAC and Regulation E

Date:

Mar 6, 2025

Register

Join us for guidance on critical compliance requirements for the FedNow® and RTP® networks. This session will delve into Regulation E compliance, focusing on error resolution and consumer protection to ensure your institution meets key regulatory expectations. Attendees will gain valuable insights into adhering to OFAC regulations, with best practices for preventing illicit transactions and maintaining compliance in real-time payment environments.

Agenda

Thursday, March 6th, 2025
11:00 am - 12:30 pm EST

  • Guidance on Regulation E compliance, including error resolution and consumer protection
  • Nacha rules and CFPB FAQs references
  • Best practices for adhering to OFAC regulations to prevent illicit transactions
  • RTP Operating Rules, Operating Circular 8, and FedNow Service Operating Procedures references
  • Tips and strategies for integrating compliance into your FedNow and RTP® Network implementation plans
Topics

Topics

  • BSA
  • Compliance
  • Fraud
  • Risk Management/Legal

Roles

  • Bank Legal Counsel
  • Compliance Officer
  • Risk Manager
  • Security Officer
  • Senior Management
  • Training Manager
  • Trainer

Who Should Attend
This webinar will equip compliance officers, risk managers, and payments professionals with the knowledge and tools needed to navigate the complexities of compliance in the real-time payments landscape when working with consumers and Regulation E or OFAC compliance with instant payments.

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