The Basics (Essentials) of ACH Transactions

Website http://bit.ly/2l902IW | Edit Freely

Category ach network, ach electronic payments, ach transaction, debit, credit, financial services

Deadline: March 08, 2017 | Date: March 08, 2017

Venue/Country: New Hyde Park, U.S.A

Updated: 2017-02-06 15:59:44 (GMT+9)

Call For Papers - CFP

In the financial services industry, there is constant turnover and training new employees on the basics of ACH electronic payments can be difficult and time-consuming. Perhaps you have staff that have been working in ACH for some time, come to work every day, follow a checklist, but have no idea what or how the ACH payments get processed. For these employees and others whose responsibilities pertain to ACH payments, this webinar will provide the basis of how ACH payments work.

Why Should You Attend:

What are ACH payments, how do they work and what does that mean to a financial institution and its customers – are a few questions that will be answered during this introduction to ACH payment processing.

In this 90-minute information-filled webinar, attendees will discover the fundamentals of how ACH electronic payments work and the role that each participant in the ACH network plays to make ACH payments effective, efficient and inexpensive.

Areas Covered in this Webinar:

The ACH network - a brief history

Five basic participants and their roles and responsibilities in the ACH network

Common types of ACH payments – to identify how ACH payments are used everyday

Identify the difference between a debit and credit transaction

Illustrate the flow of ACH transactions among the basic five participants

Definitions of terms and acronyms used in the ACH network

How settlement works with the processing of ACH transactions

Learning Objectives:

Identify what is the ACH network and examples of ACH electronic payments

List the five basic participants in each electronic ACH transaction

Outline the roles each participant plays in the processing of ACH electronic payments

Define the basic legal framework of the ACH network

Illustrate the most common types of payments that flow through the ACH network

Describe the settlement process and the difference between a debit and a credit ACH transaction

Who Will Benefit:

Financial Institution Professionals (New/Current Operations Staff)

Banking Operations Managers and Staff

Compliance and Risk Professionals

Treasury Management Professionals

Aspiring AAPs (Accredited ACH Professionals)

Loan Officers

Credit Risk Managers

Payroll Processors (New and Current Staff)

Company/Business Owners (Originators)

Banking Managers/Supervisors

Third-party Service Providers and Third-party Senders

Audit and Compliance Personnel/Risk Managers

Speaker Profile:

Donna K Olheiser, AAP, is the Vice President of Education Services and founder for Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has designed and facilitated over 150 training sessions each year with her expertise being the Rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate/deliver the material through a variety of venues (webinars, tele-seminars, in-person workshops, including regional and national conferences).

Donna is also an experienced Project Manager managing education programs for organizations processing electronic payments and developing personalized training programs for financial institutions. Donna has over 23 years of experience in the financial services industry which includes 9 years’ experience as the Education Service Director at a Regional Payments Association (RPA), where she managed and facilitated the entire Education program for nearly 800 financial institution members.

For more detail please click on this below link:

http://bit.ly/2l902IW

Email: referralscomplianceglobal.us

Toll Free: +1-844-746-4244

Tel: +1-516-900-5515

Fax: +1-516-900-5510