Search Results

Navigating the Instant Payment Rails, Part 2: A Smooth Ride

In this second part of Navigating the Instant Payment Rails, Part 2: A Smooth Ride, we focus on how to effectively conduct a self-audit for the RTP Network. We will review considerations for outsourcing your instant payment audits and risk assessments. 

We also discuss required monitoring such as continuous operations and transaction volume; importance of fraud reporting that includes reporting to TCH and utilizing the FRB's Fraud Classifier model; recommendation of an instant payment risk assessment; required RTP self-audit for The Clearing House; FedNow audit; and insights on key audit finding areas such as policies, procedures, transaction monitoring, and data security.

Complete your understanding of the instant payment rails with session one, Navigating the Instant Payment: All aboard! of this two-part series.

 

Managing Your FedLine Security, Resiliency, and Assurance

Join us for an insightful session where we delve into essential strategies for effectively managing your FedLine Security, Resiliency, and Assurance Program. In today’s rapidly evolving landscape, ensuring the security and reliability of this crucial payments system in conjunction with your financial operations is more critical than ever.

What You Will Learn:
• The foundational elements of FedLine security and the best practices to manage the system, protect sensitive data, and prevent unauthorized access.

• How to build a robust resiliency framework that ensures continuity of service in the face of unforeseen challenges, including cyber threats and operational disruptions.

• How to develop a comprehensive assurance program that meets regulatory and compliance requirements and enhances your organization’s overall information security posture.

• What you need to know before completing and submitting your annual assessment and attestation to the Federal Reserve Bank.

 

ACH Exceptions: Dishonored/Contested Dishonored Returns

During an ACH career, chances are great that you will find yourself deliberating what to do with an ACH exception and wondering what happens after a Return. This course clarifies the responsibilities of each Participating DFI and identifies responses to Return Entries, Dishonored Return Entries, Contested or corrected dishonored Return Entries, and ACH Operator Rejects. Because the Return process does not resolve every dispute between ODFI and RDFI, the course also discusses some manual resolution choices available.

Item Number - LMSR2006

124678910Last