Event Calendar
The Evolution of the ACH Authorization
Tuesday, March 16, 2010
2:00 pm - 3:00 pm
The ACH network has evolved over the last decade from a paper driven authorization process for recurring payments into a network that has multiple authorization processes for recurring and single entry transactions. This teleseminar will take an in depth look at all of the applications - new and traditional - and provide the participants with the rules surrounding the authorization requirements for each application. Your session presenter will look at the impact of the E-Sign Act on the ACH network.
Issues that will be discussed include:
- Opt Out Requirements
- Notification = Authorization
- E Sign Act
- Authentication
- Data Security
- Single vs. Recurring Transactions
- REG E and Authorizations
- Credit Authorizations
- Reversals
- ODFI Warranties
- Regulation E and Error Resolution
- New Rules surrounding the authorization and adjustment entry process