Breakout Session 4

Pam Cerny

Avoiding "Classic" ACH Return Pitfalls and Preparing for Same Day Debits
Pam Cerny, Dallas Federal Reserve Bank

Same Day ACH debits are right around the corner.  As you prepare for Phase Two of NACHA’s Same Day ACH Rule, now is the time to ensure that your return processes aren’t carrying over practices that could result in a loss. Pam reviews some of the requirements for ACH returns that frequently cause compliance issues for RDFIs and provide an overview of what to expect come September 15, 2017.

Focus points:    

  • Common ACH return issues including stop payment orders, WSUD and name/account matching
  • The difference between the NACHA Operating Rules and Regulation E
  • Overview of Same Day ACH rule
  • Same Day ACH debit considerations

About Pam Cerny

Pam Cerny, AAP, CTP, is a Payments Outreach Analyst at the Federal Reserve Bank of Dallas.  As a payments professional with over 16 years of experience, she is dedicated to keeping payments industry stakeholders informed on emerging trends in payments through various Bank outreach activities.  

Prior to joining the Bank in June 2016, Pam served as the Director of Training for SWACHA, a member-based Regional Payments Association. During her tenure, she oversaw the design and execution the association’s electronic payments training programs and was an active participant on a number of industry workgroups at both the national and regional level.

Born and raised in New Mexico, Pam was a Presidential Scholar at The University of New Mexico and received her Bachelor of Business Administration in Human Resource Management and General Management in 1991. She went on to receive a Master of Business Administration in General Business from Texas Tech University in 1999.

View All Sessions