Understanding Consumer Authorizations

When:  Jul 11, 2024 from 14:00 to 23:00 (ET)

Event Details*
Thursday, July 11, 2024
2:00 - 3:00 pm ET
Webinar; 1.2 AAP/APRP CEU Eligible
Level: Intermediate

Event Registration**
Member Price: $150.00
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


There used to be a time when authorizations consisted of a piece of paper and a signature. Then it evolved to phone calls and online authorizations. That evolution happened because of the needs of the consumer and the technology that was available, so it’s safe to say the authorization process will never be that simple again since technology is always changing.

ACH authorizations can be confusing, as different forms of authorizations are required for different SEC Codes. With the rules having standing, oral, authorizations that can be TEL or a WEB for a written authorization and “other” authorizations, this session will dive into the Rules, the meaning behind these Rules, and how participants can decipher the improvements to the authorization requirements. Get a better understanding of the different types of authorizations and what you can expect to see if you ask for a copy of an authorization.


Attendees should walk away being able to:
• Apply their understanding of the authorization process
• Compare the requirements of the different forms of authorizations
• Employ their knowledge when responding to a request for a copy of an authorization


Speaker:
• Mary Mumper-Morrison, AAP, APRP, CAMS, Director, Education, NEACH


Audience:
• AAPs
• ACH Origination
• ACH Receipt
• APRPs
• BSA/Compliance
• Electronic Banking
• Operations
• Payments Rules and Regulations



*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.

Location

Webinar/Replay On-Demand