To keep everyone safe and abide by current social-distancing standards, the SFE team now offers virtual audits and risk assessments to help your financial institution maintain compliance. We want to help you navigate your business during this uncertain time. Let us help you mitigate risk while maintaining regulatory compliance. We offer a wide range of services, including audits and risk assessments. As an industry leader in payments compliance, our staff of AAPs can offer solutions, staff training, and make recommendations to improve operational efficiencies. Enjoy peace of mind by letting us handle your ACH Audit, and take advantage of bundled pricing by adding a risk assessment, wire audit, or RDC audit.
SFE provides professional development sessions to keep you prepared for rapid changes in ACH, check, card wire and emerging payments systems allowing you to choose the training methods that work best for your staff.
SFE offers a wide variety of publications which are valuable tools to help you increase awareness and understanding of established rules and applications, reduce risk and increase operational efficiency.
SFE members receive SFE News Link every two weeks which contains a brief overview of an issue, typically with a link that provides additional detailed information. SFE members also have access to SFE Support Hotline, samples, forms, in addition to deep discounts on education, publications and service.
Our expertise in payments – Available to you! SFE can provide consulting assistance on a variety of payment topics. We can help you recognize and take steps to mitigate risks. Need an audit or a risk assessment conducted on a payments product? SFE has conducted hundreds of these for ACH, RDC and Wire!
With hurricane and storm season here, we want to remind you of the Excused Delay provision of the Nacha Operating Rules (Section 1.5). This is a reminder of the steps that you should take if your ACH entries or returns processing is affected. We send heartfelt wishes for the safety of everyone in the path of the storms.
If your organization allows consumers to make purchases or payments via the internet or mobile devices and uses ACH WEB debits to withdraw payments from their checking accounts, this rule applies to you. This rule is intended to help prevent fraud on the ACH Network and protect financial institutions from posting fraudulent or incorrect unauthorized payments. Merchants and billers (and their processing partners) are in the best position to detect and prevent fraud related to payments they are initiating.
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