Type:
On Demand
Duration:
15 Minutes
Member Fee:
$0
Non-Member Fee:
$379
Audience:
AAP Candidates, AAPs, APRP Candidates, APRPs, Audit, Compliance, Operations, Senior Management
Effective September 16, 2022 the Nacha Rules will implement Phase 1 of the new Micro-Entry rule defining Micro-Entries and specifying certain file formatting requirements. Phase 2, effective March 17, 2023 requires Originators to use commercially reasonable fraud detection practices. In this session, we will review the rule in-depth and share best practices for handling Micro-Entry returns.