ABCs of ACH and AML: Navigating AML Schemes and Fraud Monitoring

As ACH usage continues to rise, so do the risks of its exploitation for fraud and money laundering, making it increasingly important for financial institutions to stay ahead of evolving threats. This session, led by a Certified Anti-Money Laundering Specialist (CAMS), explores the growing threat of ACH credit-push fraud and how organizations can align their AML programs with Nacha’s evolving risk management expectations. With a focus on the intersection of ACH and AML, attendees will gain a practical understanding of how fraudsters leverage ACH credits to facilitate illicit activity, including business email compromise and account takeover schemes, while also examining Nacha’s Fraud Monitoring Phase 2 requirements for Receiving Depository Financial Institutions to implement risk-based processes designed to identify fraudulent credit entries. Through real-world examples and actionable insights, participants will learn how to recognize ACH-related AML red flags, strengthen fraud monitoring tools, interpret Phase 2 requirements, and build proactive defenses that integrate seamlessly with existing AML frameworks, making this session especially valuable for compliance, risk, and operations professionals navigating today’s complex payments fraud landscape.