News Rules & Regulations Payments Strategy Nacha, Faster Payments Council, and Payments... 9/28/2022 Nacha, the U.S. Faster Payments Council (FPC), and our nation’s Payments Associations have announced a first-of-its-kind alliance to create the... Read more Tags: ACH, Faster Payments, Accreditation, AFPP
News Rules & Regulations Hurricane Season Reminder on Business Continuity and... 9/28/2022 All of us at ePay send our best wishes for the safety of our members, partners, and staff in the path of Hurricane Ian. For financial institutions that may... Read more Tags: Excused Delay, Business Continuity
News Rules & Regulations 2022 Nacha Operating Rules - Supplement #2-2022 9/28/2022 Supplement #2-2022 contains the 2023 ACH Network Administration Fees as approved by Nacha’s Board of Directors. This is a members-only resource and... Read more Tags: Rules, ACH Rules Book, Nacha, ACH Rules, Nacha Rules, rules supplement
News Rules & Regulations Operating Circular 8 Details FedNow Terms and Conditions 9/28/2022 In anticipation of the mid-2023 FedNow Service launch, Operating Circular 8 outlines the terms and conditions for funds transfers made through the... Read more Tags: FedNow, Federal Reserve, Operating Circular
News Rules & Regulations Audit & Compliance ePayAdvisors Helps Manage Third-Party Risk 10/12/2022 Nacha has been incrementally addressing third-party risk management with changes to their Operating Rules and Guidelines over the last five years, and... Read more Tags: Risk Management, TPS, TPSP, Risk Assessment, Third Party, Third-Party, Third-Party Sender, ePayAdvisors, Third-Party Service Provider
News Rules & Regulations Fed Offers Testing on Seven-Day Accounting Changes 10/19/2022 The AMI Depository Institution Testing (DIT) environment will be available for testing to impacted organizations beginning November 8 through November 25,... Read more Tags: Federal Reserve
News Rules & Regulations Hurricane Season Is Not Over! 11/8/2022 All of us at ePay send our best wishes for the safety of our members, partners, and staff in the path of Tropical Storm/Hurricane Nicole. For financial... Read more Tags: Excused Delay, Business Continuity
News Rules & Regulations Payments Strategy Fraud & Disputes Audit & Compliance Irrevocability of Faster Payments Addressed 11/8/2022 Faster payments volume is growing and transaction limits are rising, increasing the potential for more disputes with higher dollar-values associated... Read more Tags: Faster Payments, Faster Payments Council, Disputes, Returns, irrevocability
News Rules & Regulations Audit & Compliance Fed Invites Comment on Proposal to List Institutions... 11/8/2022 The Federal Reserve Board has invited public comment on a proposal to publish a periodic list of depository institutions that have access to Federal Reserve... Read more Tags: Payments, Fed, Federal Reserve
News Rules & Regulations Fraud & Disputes Audit & Compliance TCH Examines Reg E Error Resolution for Intermediated... 11/30/2022 The Clearing House has released a white paper that analyzes the application of the Electronic Fund Transfer Act (EFTA) and Regulation E (Reg E) error... Read more Tags: Regulations, Regs, Reg E, CFPB, TCH, p2p
News Rules & Regulations Payments Strategy Audit & Compliance Options Available to Strategically Analyze Your FedACH... 12/7/2022 Two Federal Reserve Financial Services reports can provide your organization with powerful strategic payments insights. Read more Tags: ACH, Payments Strategy, Fed, strategy, Federal Reserve, FedACH
News Rules & Regulations Audit & Compliance Keeping Originators Informed and Compliant 12/14/2022 We recently received a question from a member that comes up often, particularly during the end-of-year audit season. Read more Tags: Originators, Origination, Audit, Education, ACH Rules Book, ACH Rules, payments education
News Rules & Regulations Payments Strategy Fraud & Disputes Audit & Compliance Agencies Issue Joint Statement on Crypto-Asset Risks 1/3/2023 Federal bank regulatory agencies have issued a statement highlighting key risks for banking organizations associated with crypto-assets. Read more Tags: Digital Currency, FDIC, crypto, Fed, OCC, Federal Reserve, cryptocurrency, cryptocurrencies
News Rules & Regulations Audit & Compliance FinCEN Issues Alert on Human Smuggling at U.S. Southwest... 1/18/2023 The Financial Crimes Enforcement Network (FinCEN) has issued an alert to better support financial institutions in detecting financial activity related to... Read more Tags: BSA, fincen
News Rules & Regulations Payments Strategy Fraud & Disputes Audit & Compliance Maximize Your Member Benefits – Create Your Own Account 1/18/2023 Each individual employee of a member organization should establish their own user ID and password that they can use to register for events, order... Read more Tags: Education, Members Only, on-demand, ePayU, members, website
News Rules & Regulations Payments Strategy Audit & Compliance Fed Presents FedNow Service Operating Circular 8... 1/25/2023 Is your organization preparing for the FedNow Service launching this year? Read more Tags: FedNow, Fed, Federal Reserve, Operating Circular
Rules & Regulations The Clearing House Rules and Legal Framework for RTP 7/5/2022 The Clearing House has prepared educational videos regarding the RTP Rules and Legal Framework. Part 1 covers RTP Agreements, Introduction to the RTP Rules,... Read more Tags: RTP, Faster Payments, Real Time, Instant, Real Time Payments, Instant Payments, Rules, Regulations
Rules & Regulations FedNow Home Page 7/5/2022 The FedNowSM Service, scheduled to launch in 2023, will allow individuals and businesses to send and receive instant payments 24/7/365 with immediate... Read more Tags: FedNow
Rules & Regulations FedACH Processing Schedule 7/5/2022 The FedACH Processing schedule outlines the file transmission deadlines, target distribution, and return and settlement timeframes established for ACH... Read more Tags: ACH, Fed
Rules & Regulations Bureau of Fiscal Service The Green Book 7/5/2022 The Green Book is a comprehensive guide for financial institutions that receive ACH payments from and send payments to the federal government. Read more Tags: ACH, Government Payments, Returns, ACH Reclamations, ACH Return Entry, government, green book
Rules & Regulations International ACH Transactions 7/5/2022 As electronic payments have grown, so has their use across national borders. To ensure that cross-border payments are both efficient and secure, Nacha... Read more Tags: ACH, Global Payments, IAT, International Payments, Global
News Rules & Regulations Operations Alerts Supplementing Data Security Requirements Phase 2... 6/2/2022 The Supplementing Data Security Requirements rule enhances previous ACH Security Framework data protection requirements by explicitly requiring large non-FI... Read more Tags: Rules, Data, Nacha Rules, Data Security
News Rules & Regulations Operations Alerts Atlantic Hurricane Season Could Be a Big One 6/8/2022 Meteorologists report that warmer than average Atlantic Ocean temperatures and an ongoing La Niña mean that the 2022 hurricane season is likely to be quite... Read more Tags: Rules, Excused Delay, Business Continuity, Nacha Rules
News Rules & Regulations Audit & Compliance Is Every Payment Under $1 a Micro-Entry? 7/20/2022 Not all ACH transactions under $1 are subject to the new Nacha Micro-Entry Rule taking effect September 16. The definition hinges on two very... Read more Tags: ACH, Rules, ACH Operations, ACH Entry, micro-entry
News Rules & Regulations Audit & Compliance Paper and Digital: The Two-Part Approach to Hurricane... 7/28/2022 It's Atlantic hurricane season and depending on where you live, your customers and members might choose to get some extra cash to weather uncertain... Read more Tags: Business Continuity, consumer protection, Retail Payments
News Rules & Regulations Audit & Compliance Nested TPS Changes in the Risk Management Portal... 8/3/2022 Originating Depository Financial Institutions (ODFIs) are currently required to identify their Third-Party Senders to Nacha. On September 30, 2022, a new... Read more Tags: Compliance, ACH, Risk Management, Risk Mitigation, Originators, Origination, TPS, TPSP, Audit, Third Party, Third-Party, Third-Party Sender, ACH Operations, ACH Network
News Rules & Regulations Guidelines Announced for Requests to Access Federal... 8/18/2022 The Federal Reserve Board has announced final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in... Read more Tags: Executive Leader, Regulations, Retail Payments, Regs, Fin Tech