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How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.

Nacha approves contact registry rule

Nacha has issued a supplement to its Operating Rules to require participants to provide contact information for an ACH Contact Registry, beginning July 1, 2020, with a deadline for completion of registration of October 30, 2020. Distribution of Supplement #1-2020 is restricted to those who have purchased or have been provided with the 2020 edition of of the Nacha Operating Rules & Guidelines or access to the 2020 Nacha Operating Rules online resource. Nacha will have enforcement authority for the registration requirement beginning August 1, 2021.

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