Payments Hot Tip - July

Complying with returns outside of the Reversing Entry timeframe

With erroneous, duplicate, or unauthorized ACH entries, it can be hard to determine compliance responsibility and liability.

For instance, what is an RDFI required to do when an ODFI has requested  the return of an erroneous, duplicate, or unauthorized entry outside of the Reversing Entry timeframe? (Hint: They are not required to do anything but may respond to the ODFI’s R06 request—if it aligns with their internal procedures).  

For more information on this and other complicated ACH scenarios, access our on-demand training, ACH 101: Fundamentals for Operations and Frontline (3.6 CEUs).

Register now

Call for Speakers

Digital Directions 2025 Call for Speakers

April 14-16, 2025 | Perdido Beach Resort | Orange Beach, AL 

For Digital Directions 2025, we are looking for fresh ideas, new research, interesting perspectives, solutions, or best practices around topics like payments trends, fraud, faster payments, banking regulations, and more. The deadline to submit is Monday, August 5, 2024.

Submit now

VIP Program Testimonial

Need a training to get you up-to-speed on the most pressing payments topics of today?

Look no further. 

SFE's VIP on-demand series will get you the information you need on topics ranging from FedNow to check fraud and beyond. Just hear what our members are saying:

"Highly recommend the series Videos Illuminating Payments (VIP)! These mini videos give you the understanding of the functionality of the 'Faster Payment process,' as well as the benefit it can have for your organization. I’m so glad that SFE offers this means of education; it’s a wealth of knowledge." 

Patricia Braswell, ACH Operations Supervisor
Department of Corrections Credit Union
Baton Rouge, LA

Learn more

AAP Prep

Considering the AAP Accreditation?

AAP Prep Training in Progress

According to recent data released by Nacha, ACH payments continue to grow. With the continued gains in ACH volume, electronic payments expertise is must. Becoming an Accredited ACH Professional (AAP) gives you the knowledge to serve as a trusted leader and authority in electronic payments. So, if you're ready to become and AAP, make sure you sign up for SFE's AAP Exam Prep Package. Training is in progress, but don't worry, sessions are recorded and available. 

Register today

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Thu
16
2024
May 16 (1:00PM) - September 19 (2:00PM), 2024

AAP Exam Prep Package 2024

Tue
30
2024
July 30, 2024
10:00AM - 11:00AM CST

The Positives of Positive Pay (ACH and Check) Virtual Webinar

Wed
31
2024
July 31, 2024
3:00PM - 4:00PM CST

Regulation E Disputes for Debit Cards

View All Events

SFE 34th Annual Conference & Expo

Ask SFE Click here to ask us a question regarding payments (i.e. compliance, membership, education, etc.). A member of your SFE team will respond by email as soon as we are able.

Member Services Brief View a summary of benefits for current and future SFE members.

Don't Miss Out! Sign up for SFE News & Alerts for rule and compliance changes, education opportunities, and industry news. If you should already be receiving our communications, reach out to us to subscribe and be sure our email addresses are on your approved senders list.

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