ON DEMAND WEBINAR
A Practical Approach to Originator Oversight in Time for New Nacha Rules
Be ready for the June 22 compliance deadline. As the ODFI, learn how to demonstrate with audit-ready records that you've met Nacha's "appropriate oversight" verification standard regarding your Originators' compliance with the Nacha Rules, including the new Fraud Monitoring Rule.
Trevor Lain, JD
CEO & Attorney
Lexalign
Julie Goff, JD
VP, Head of Operations
Lexalign
What is Covered
In this webinar, we’ll take you through a practical 4-step framework that tracks the letter of the Rules, enabling you to demonstrate efficiently and effectively at scale that you’re meeting Nacha’s reasonable expectations regarding Originator compliance, oversight, and Rules enforcement.
We’ll cover how to:
- Assess. Evaluate each customer's compliance through automated diagnostic interviews that track the regulations and guidance. Create audit-ready records that demonstrate oversight and provide visibility into rules adherence at scale.
- Sensitize. Help your customers understand the threats they face and the rules that apply to them. Most organizations do not fully appreciate pertinent threats, regulatory expectations, or where they have vulnerabilities that fraudsters exploit.
- Empower. Give your customers clear guidance on where they have gaps in their operational security and compliance, along with clear instruction on how to remediate those gaps.
- Enforce. Track their progress in closing gaps. Use Lexalign scoring and analysis to enforce agreements, including restrictions and fraud monitoring.