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Payments Pulse

Payments Pulse
The Clearing House
Payments Pulse

Industry News & Resources

ACH Operations Bulletin #1-2021 (May 18)
Risk Management and Monitoring of Micro-Entries

Source: Nacha
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Request for Information (RFI) / Risks of Early Funds Availability
Comments Due by July 16, 2021

Source: Nacha

Request for Comment (RFC) / Third-Party Sender Roles and Responsibilities
Comments Due by July 1, 2021

Source: Nacha

Defining Synthetic ID Fraud: How It Helps With Mitigation

Source: BankInfo Security.com

Delivering Financial Products and Services to the Unbanked and Underbanked in the US

Source: TCH, ABA, CBA, CUNA, MBCA and NBA

ACH Contact Registry Enforcement Begins August 1st

Source: Nacha

Faster Payments Professional Certificate Program

Source: Nacha



We Get Questions...

Q and A
Q.)  Why is the Payment Type Code field where we place an R or an S for WEB transactions formatted for two digits? Does it matter if it’s left or right justified?
A.)  Although we find no explanation available for why this field was originally assigned two character spaces, on September 17, 2021 this field will become not only optional, but will also allow Originators to choose to include the value “S” to identify a single entry, “R” for a recurring entry, or “ST” for a standing authorization (thus requiring room for two characters). The field is considered alphanumeric, is left justified, and an empty character is to be "space filled" (Nacha Operating Rules, Page OR132, Payment Type Code).
Have a question for TCHPA? Call 800-875-2242 (choose option 3) or email education.services@theclearinghouse.org.

Payments University 2021

  • Virtual Event
  • June 22-23
  • 11:00AM – 4:00PM

Whether you're a novice or an experienced payments professional, Payments University has something for you. This annual 2-day event leverages track-based learning to provide payments training for participants with various levels of experience. In additions to the fundamentals of all payment systems, the agenda includes presentations on AML and OFAC, Cannabis Banking and Compliance, Information Security, Third Party Relationships and more.

Agenda

Note: Registration for this event closes on June 21, 2021 at 5:00pm ET.

Reminder: Upcoming Rule Changes (June 30, 2021)

Payments Education

Upcoming Sessions

JUNE
8

ACH Prenotes and NOCs
(Webinar)

JUNE
10

Nacha Webinar – Changing Payment Behaviors as a Result of COVID 19
Register via TCHPA and SAVE!

JUNE
15

Check Warranties and Indemnifications

JUNE
22-23

Payments University 2021
TCHPA Virtual Event

JULY
25-28

The Payments Institute
(TPI) – In-Person Nacha Event
Alexandria, VA

JUNE
25

Payments Pulse Check

Be sure to check our Payments Education page to view all available training, live and recorded. There are currently more than 90 titles from which to choose!

Member Support

Remember, when you need support from The Clearing House Payments Authority (TCHPA), you can reach our Member Services staff directly by calling 800-875-2242 and choosing option 3, or by emailing education.services@theclearinghouse.org. Although our staff is working remotely due to the COVID-19 pandemic, we’re still available to provide the support you need in a timely manner!

Professionals in every trade have an association they rely on for industry expertise, support and resources. We're the Association for Payments People.

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115 Business Park Dr.
Winston-Salem, NC 27107
United States

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