{"id":20416,"date":"2026-04-21T17:35:07","date_gmt":"2026-04-21T21:35:07","guid":{"rendered":"https:\/\/events.iofm.com\/conference-spring\/session\/the-new-era-of-ach-fraud-are-you-prepared-for-next-months-new-nacha-rules\/"},"modified":"2026-05-01T12:06:43","modified_gmt":"2026-05-01T16:06:43","slug":"the-new-era-of-ach-fraud-are-you-prepared-for-next-months-new-nacha-rules","status":"publish","type":"session","link":"https:\/\/events.iofm.com\/conference-spring\/session\/the-new-era-of-ach-fraud-are-you-prepared-for-next-months-new-nacha-rules\/","title":{"rendered":"The New Era of ACH Fraud: Are You Prepared for Next Month\u2019s New Nacha Rules?"},"content":{"rendered":"<p>By June 22, you need to change how you monitor fraud risk associated with ACH payments. If you\u2019re not ready, join this session to learn what\u2019s shifting from a recommendation to a requirement \u2014and what the penalties are for failing to do so.<\/p>\n<p>The new rules explicitly mandate that AP teams implement risk-based fraud monitoring. This session will break down your critical role in overseeing this transition, ensuring compliance, and managing the risks associated with unauthorized entries and false pretenses.<\/p>\n<p><strong>Key topics we will cover include:<\/strong><\/p>\n<ul>\n<li><strong>The Scope of the Extension:<\/strong> Why the shift from third-party senders to all non-consumer originators changes your risk profile.<\/li>\n<li><strong>Defining &#8220;False Pretenses&#8221;:<\/strong> Understanding Nacha\u2019s new definition for authorized payments induced by deception (BEC, vendor impersonation) and how to monitor them.<\/li>\n<li><strong>Standardized Descriptors:<\/strong> Implementing the mandatory \u201cpayroll\u201d and \u201cpurchase\u201d company entry descriptions.<br \/>Your oversight responsibilities: Your duty to ensure ACH payments are documented, annually reviewed, and have risk-based processes in place.<\/li>\n<li><strong>Practical Implementation: <\/strong>A roadmap for compliance.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"raw":"By June 22, you need to change how you monitor fraud risk associated with ACH payments. If you\u2019re not ready, join this session to learn what\u2019s shifting from a recommendation...","rendered":"<p>By June 22, you need to change how you monitor fraud risk associated with ACH payments. If you\u2019re not ready, join this session to learn what\u2019s shifting from a recommendation&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","session_category":[141,144,203,206,134,138],"class_list":["post-20416","session","type-session","status-publish","hentry","session_category-141","session_category-accounts-payable-fundamentals","session_category-ap-fundamentals-best-practices","session_category-general-session","session_category-main-agenda","session_category-tuesday-2026"],"thumbnail":[],"metadata":{"rank_math_internal_links_processed":["1"],"session_id":["272e3b4e-bd17-4a54-9190-37fda2c49ab1"],"session_date":["2026-05-12 00:00"],"session_start":["2026-05-12 16:05"],"session_end":["2026-05-12 16:55"],"session_updated_at":["2026-04-22T13:12:28.257Z"],"session_room_number":["Grand Caribbean 2"],"session_display_priority":[null],"session_weblink":[null],"session_sponsored_by":[null],"session_speakers":[20428],"_eael_post_view_count":["77"],"_session_board_event_id":["5937"],"_elementor_page_assets":["a:0:{}"]},"_links":{"self":[{"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/session\/20416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/session"}],"about":[{"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/types\/session"}],"author":[{"embeddable":true,"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/comments?post=20416"}],"version-history":[{"count":1,"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/session\/20416\/revisions"}],"predecessor-version":[{"id":20417,"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/session\/20416\/revisions\/20417"}],"wp:attachment":[{"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/media?parent=20416"}],"wp:term":[{"taxonomy":"session_category","embeddable":true,"href":"https:\/\/events.iofm.com\/conference-spring\/wp-json\/wp\/v2\/session_category?post=20416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}