ACH Contracts: State interpretation
07/19/2020
Are requirements of UCC4A the same in every state?
Rayleen M. Pirnie, AAP, CERP, is the founder and owner of RP Payments Risk Consulting Services, LLC. based in Missouri. She is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education. Rayleen’s specialized skill is delving into the world beyond the payment rules; areas where organizations often find themselves in positions of liability or loss with little to no clear guidance. Her programs help organizations identify and mitigate risk and exposure.
She is an Accredited ACH Professional (AAP) and a Certified Enterprise Risk Professional (CERP) who has worked with all payment systems for over 20 years. Rayleen also holds a Bachelor of Science in Criminal Justice Administration.
07/19/2020
Are requirements of UCC4A the same in every state?
07/12/2020
What is a “statute of repose?
07/05/2020
Under Article 4A, which bank is the receiving bank?
06/28/2020
Does UCC4A regulate consumer ACH transactions?
06/21/2020
Are UCC4A’s rules affected by any other rules?
06/14/2020
If we receive an ACH credit to a business account at our bank and we are not aware that the account number in the transaction record isn’t owned by the named receiver, will we be liable if we credit the funds to the account number identified in the order?
06/07/2020
Are requirements of UCC4A the same in every state?
05/03/2020
We’ve heard cyber incidents are increasing. How is this happening, and how does it affect our customers and bank?
04/26/2020
If the customer fell for a scam, then they are the ones who take the loss, right? That’s how we have always operated.
04/26/2020
Is there any recourse for unauthorized ACH transactions after the extended return period expires?