ACH Risk Assessment

According to the NACHA Operating Rules, all Participating DFIs must conduct an assessment of the risks of its ACH activities.  Has your financial institution conducted your assessment and have you identified all of your ACH processing risks?

            Subsection 1.2.4 Risk Assessments

            A Participating DFI must:

a. Conduct, or have conducted, an assessment of the risks of its ACH activities;
b. Implement, or have implemented, a risk management program on the basis of such an assessment; and
c. Comply with the requirements of its regulator(s) with respect to such assessment and risk management program

Regulatory changes, new payment applications, evolving technologies, and increased threats from fraud all impact your financial institution’s bottom line. Effectively managing risk is crucial for all payment system participants and with recent changes to the NACHA Operating Rules, NACHA has recognized that an accurate assessment of your risk environment is the first step.

Our ACH Risk Assessment service is designed to not only minimize the risk your financial institution faces, but to enhance your operating efficiency as well. We conduct a thorough evaluation of your ACH operations to identify the severity of potential vulnerabilities. Experienced, accredited payments experts review your established controls and procedures to evaluate their effectiveness and ensure that your operations are adequately protected. The assessment will help your financial institution identify any vulnerabilities and establish priorities for addressing them.

Our assessment is built around the OCC ACH Risk Management Guidance and includes a review of:

  1. Existing ACH risk management systems
  2. ACH credit risk exposure and controls
  3. High-risk activities
  4. Relationships with ACH Third-Party Service Providers
  5. Transaction risk across multiple payment channels
  6. And more

Contact us for a free quote!  Our ACH Risk Assessment service can be performed onsite or remotely; the choice is yours!


Request a Quote or Book an Engagement

800-475-0585, Option 5