ACH Rules with Nacha's Amy Morris

Our guest on this episode of Yodlee’s Data Driven Finance podcast is Amy Morris. Amy is Senior Director, ACH Network Rules at Nacha, and prior to that, she was Business Leader for Global Operating Regulation Development at VISA. She is a true specialist in the electronic payments world, having worked for more than 15 years as part of multiple councils and working groups that deal with electronic payment rules. There are some new rules and deadlines coming from Nacha that financial institutions should know, so in this episode, we cover topics such as:

What Nacha does and who it serves
Some of the big changes to the Nacha ACH Network Operating Rules
How a business or financial institution can be ready for the rule changes
Compliance deadlines you need to know
How new rules or amendments get suggested and implemented
Rules that are currently under consideration for passage
How rules are enforced
How improvements in data gathering and analysis influence ACH Network rules and operations
How electronic payments development and usage are trending
The challenges institutions face in compliance and how Nacha helps
Best high-level advice for financial institutions