Description

ODFIs and Third-Party Senders – Why ACH Audits and Risk Assessments Matter

Speakers:

Meredith Stubblefield, AAP, AFPP, APRP, NCP - PAR - VP, Risk & Consulting

Jeanette Waye, AAP, APRP - PAR - VP, Risk & Consulting

This complimentary webinar is presented by the PaymentsFirst Advisory Resource (PAR) Risk & Consulting team and is part of PAR’s ongoing effort to increase awareness of the risk, compliance, and consulting services available to PaymentsFirst members. These sessions are designed to highlight common challenges financial institutions face, share practical insight drawn from real-world engagements, and demonstrate how PAR partners with institutions to strengthen payments risk management and regulatory readiness.

Many ODFIs underestimate the regulatory exposure that comes with onboarding and maintaining Third-Party Senders. Yet your institution is on the hook for the compliance gaps they fail to address. This session explains why every Third-Party Sender must conduct a proper ACH audit and risk assessment, what regulators expect, and how ODFIs can protect themselves from avoidable violations and financial risk.

We’ll break down the specific responsibilities of ODFIs, the required components of an ACH audit, and the risk factors examiners are prioritizing. You’ll leave with actionable steps to strengthen oversight, reduce risk, and ensure your Third-Party Senders maintain the same compliance standards expected of your institution.

Complimentary webinar to PaymentsFirst Members

1.2 AAP / APRP Credits | CTP Credits May Apply