Topic: 2024 NACHA Rules Update
Speaker: Dominic Plumeri, AAP, APRP, Vice President, Southern Financial Exchange
Topic Description: Southern Financial Exchange (SFE) will present a 2024 Nacha Rules update session with a specific focus on recent rule amendments including an increase to the Same Day ACH dollar limit, phase two of supplementing data security requirements, and updates to the third-party sender roles and responsibilities. It is important for Alabama AFP members to understand their rights and obligations so they can apply sound business practices to their organizations.
Dominic has over 17 years of experience conducting audits, risk assessments, education and speaking sessions for parties engaged in the ACH Network. He has been certified by Nacha as an Accredited ACH Professional since 2002 and an Accredited Payments Risk Professional since 2021. Dominic has served terms on Nacha's AAP Blue Ribbon Panel and Nacha's Risk Management (Enforcement) Product Group which was originally formed under Nacha’s Risk Management Advisory Group.
Prior to joining Southern Financial Exchange as Vice President of Member Services, Dominic was Director of Risk and Compliance for PaymentsFirst. His responsibilities included performing compliance services and education events.
While Dominic resides in Alabama currently, he was born in Milwaukee, Wisconsin, which he still considers home. He enjoys visits to Wisconsin with family during holidays and other special occasions. Other times, Dominic can be found working outside in the yard, enjoying time with his family and soon, skydiving.