Satisfying the 2020 NACHA Data Security Supplement - ERP Spain.com - España y América Latina

This session will discuss changes to the Nacha Operating Rules that will enhance quality and improve risk management and the implementation phases. The effective date is June 30, 2020 for Originators and Third-Parties with ACH volume greater than 6 million in 2019 and June 30, 2021 for Originators and Third-Parties with ACH volume greater than 2 million in 2020. We will discuss potential impacts, compliance obligations, and the API standardization that is key to creating efficiency and interoperability in financial services. This includes the Afinis Interoperability Standards that unites diverse, global stakeholders to bring security and interoperability throughout the financial services industry. We will also discuss the Nacha rules, implemented in September 2013, that allow us to identify and track healthcare payments via ACH and provide for the automatic re-association of healthcare payments with payment information.