Description

In this session, we will cover recently passed updates and changes within the Rules.  We will arm you with the information you need to ensure compliance in this ever-changing rules and regulatory landscape both now and in the future. The discussion will include the following rules changes:  

• June 21, 2024 Minor Rule changes
  • General Rule / Definition of WEB Entries
  • Definition of Originator
  • Originator Action on Notification of Change
  • Data Security Requirements
  • Use of Prenotification Entries
  • Clarification of Terminology – Subsequent Entries
• October 1, 2024 Rule Changes
  • Codify Expanded Use of R17
  • Expand Use of Request for Return (R06)
  • Additional Funds Availability Exceptions for RDFIs
  • Timing of Written Statement of Unauthorized Debit
  • RDFI Must Promptly Return Unauthorized Debit
• March 20, 2026 Rule Changes
  • Fraud Monitoring by ODFIs
  • Fraud Monitoring by Non-Consumer Originators, TPSP, and TPS (Phase 1)
  • ACH Credit Monitoring by RDFIs (Phase 1)
  • New Company Entry Descriptions – PAYROLL and PURCHASE
• June 19, 2026 Rule Changes
  • Fraud monitoring for all non-Consumer Originators, TPSP, and TPS (Phase 2)
  • ACH Credit Monitoring by All RDFIs (Phase 2)

The tabbing session will be made available as a recording.

AAP/APRP Credits 4.0 - Payments Update Session

AAP/APRP Credit 2.0 - Tabbing Recording