"Implementing Fraud Monitoring for ACH - What you need to know"

This session will provide an overview of Nacha’s new fraud monitoring requirements, including the intent behind the rules for ODFIs and RDFIs, integration with the WEB debit rule, and FAQs from financial institutions. Speakers will share insights on how financial institutions and processors can apply tools to comply with these rules, as well as current scam trends, mule account behavior, and strategies for monitoring and mitigating these risks. The session will also cover best practices for financial institutions implementing fraud monitoring solutions, including key considerations, evaluation processes, and expected value or ROI.