Credit Union Strategies in Responding to Nacha Operating Rules Amendment

The National Automated Clearing House Association (Nacha) has updated its rules about watching out for fraud. Essentially, Nacha aims to cut down on fraudulent activity by revising existing fraud monitoring rules. The changes indicate that Receiving Depository Financial Institutions (RDFIs) must be more proactive when it comes to monitoring for suspicious activity.

The document linked below provides a summary of the amendment, and strategies that credit unions can utilize to remain compliant.

View the Rules Amendment and CU Strategies