It's been a few years since the Federal Reserve noted that electronic payments outnumbered check payments in the U.S. payments system. In a bid to solidify the Automated Clearing House's role in the payments industry, the National Automated Clearinghouse Association has made significant inroads into the traditionally paper ased payments sphere, making check conversions one of the industry's major success stories. Now that billers and retailers have shown themselves ready to adopt check conversion as an efficient and cost saving method for receiving payment, NACHA has approved yet another form of check conversion the Back Office Conversion to provide retailers a less expensive way to employ check conversion technology to squeeze out float and paper check processing costs.

WEBINAR TIME: 11:30AM - 1:30PM PT 12:30PM - 2:30PM MT 1:30PM - 3:30PM CT 2:30PM - 4:30PM ET

On the regulatory scene, the Federal Reserve has updated its Electronic Fund Transfer regulation to address some of the concerns voiced by consumers as check conversions become more firmly entrenched among the payment alternatives available. Regulators signaled their intent to increase their scrutiny of ACH risk management programs, as the OCC took the lead and issued guidance that can be used by all financial institutions in developing and adjusting their programs.

Join BOL Guru John Burnett for "Making Sense of the ACH Rules" to learn about

Increased regulatory emphasis on ACH risk management

• Using the OCC Guidance to develop a program

More information...

Location:	Webinar
Price:	$225 Early Bird for registration one week prior to program
Sponsor:	BOL Learning Connect
Contact:	Carin Eisenhauer carin@bankersonline.com 888.229.8872
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