Event date: 5/22/2023 4:10 PM - 5:00 PM Export Event

Session Description:

Nacha updated the Risk Management Framework in 2022 to reflect evolving threats posed to the Network by credit push fraud scenarios. These schemes include business email compromise (BEC), vendor and payroll impersonation frauds, and account take over (ATO). Financial Institutions, Third-Party Senders and other payments participants must also adjust our strategies to mitigate credit push scenarios. The 2022 Risk Management Framework focuses on three areas Nacha believes will have the greatest impact on reducing credit push fraud: enhanced guidelines and Rules to support RDFI risk management responsibilities; information and data sharing; and end-user education. This session will provide the latest information about developments in all 3 areas.

Speaker(s):

Jordan Bennett, AAP, APRP, Nacha

Jordan Bennett has been with Nacha since 2016 and is Senior Director, ACH Network Risk Management. His focus is with understanding Third-Party Senders and the benefits they bring to the system as well as mitigating any risk associated with this business model. Jordan runs the Nacha Certified program, which encourages Third-Party Senders to know and understand their risk management responsibilities in the ACH Network and promotes Third-Party Senders with strong risk management practices. Jordan is also the staff liaison for Nacha’s Risk Management Advisory Group. The Group works with Nacha staff and key industry stakeholders to produce sound business practices, business cases for rules proposals, Board Policy Statements, tools, white papers and other communications vehicles, and to collaborate and coordinate with payments professionals across payments channels. Prior to Nacha, Jordan worked at the Federal Reserve Bank of Atlanta in FedACH and in Credit and Risk Management.

 

Print
May 21, 2023

1:00 - 4:30 pm ET

Registration Opens & Exhibitor Setup

5:30 - 8:00 pm ET

Welcome Reception
May 22, 2023
Payments in Practice
Hot Topics
Compliance & Regulatory

07:30 am - 08:30 am ET

08:30 am - 8:45 am ET

Registration Opens & Welcome Breakfast
Opening Remarks

08:45 am - 09:45 am ET

        USPIS Update

09:45 am - 10:00 am ET

Transition Break

10:00 am - 10:25 am ET

Vendor Showcase
 Affirmative Technologies
Vendor Showcase
Identifee
           Vendor Showcase

10:25 am - 10:40 am ET

Transition Break

11:30 am - 12:30 pm ET

Lunch

01:30 pm - 01:45 pm ET

Transition Break

02:35 pm - 03:00 pm ET

Networking Break with Exhibitors

04:00 pm - 04:10 pm ET

Transition Break

05:00 pm - 08:30 pm ET

Awards Ceremony & Exhibitor Reception - featuring the band Radio Roulette
May 23, 2023
Payments in Practice
Hot Topics
Compliance & Regulatory

07:30 am - 08:30 am ET

Registration Opens & Accreditation Recognition Breakfast 

09:30 am - 09:40 am ET

Transition Break

10:30 am - 11:30 am ET

Networking Break with Exhibitors

12:20 pm - 01:20 pm ET

Lunch

02:20 pm - 02:30 pm ET

Closing Remarks