NACHA's First Authentication Conference Will Focus on Business Opportunities
Conference is June 6-7, 2006 in Reston, Virginia
HERNDON, Va., March 28 /PRNewswire/ -- NACHA - The Electronic Payments
Association will host Authentication Mandate: Compliance Issues & Revenue Opportunities for Online Banking, a first-of-its-kind conference focusing on the business opportunities inherent in financial institutions' online authentication capabilities and the recent Federal regulatory guidance on authentication in Internet banking. The conference, co-hosted by NACHA's
Internet Council, will be held on June 6-7, 2006 at the Hyatt Regency in
"The FFIEC regulatory guidance is raising the bar for financial institutions' online authentication capabilities," said Elliott C. McEntee, President and Chief Executive Officer of NACHA. "This authentication mandate, technological innovation, and the focus on enterprise-wide risk management are converging with market forces to provide a unique call to action for financial institutions to pursue strategies for new services and revenue streams."
The program brings together key industry players to focus on both the business and technical sides of the issue, offering identifiable solutions for banking, business, and government agencies working toward 2006 year-end compliance with the FFIEC Guidance.
On Tuesday, June 6, the conference will open with Elliott C. McEntee and Steve M. Ellis, Executive Vice President, Wells Fargo, and Chairman of the NACHA Board of Directors, offering strategic insights into the opportunities afforded financial institutions by the authentication mandate. Additional sessions examine critical issues such as available and emerging risk assessment tools, enhanced browser security, and strategies and solutions implemented by top financial institution decision-makers as they work toward year-end compliance.
The second day of the conference will offer two concurrent streams. One delves into implementation issues, while the second explores the business opportunities presented by the authentication mandate.
Additional information on Authentication Mandate: Compliance Issues &
Revenue Opportunities for Online Banking is available on NACHA's web site at http://www.nacha.org/conferences/AuthMandate_2006. Sponsorship opportunities are also available.
About NACHA - The Electronic Payments Association
NACHA is the leading organization in developing electronic solutions to improve the payments system. NACHA represents more than 11,000 financial institutions through direct memberships and a network of regional payments associations, and 650 organizations through its industry councils. NACHA develops operating rules and business practices for the Automated Clearing
House (ACH) Network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), e- checks, financial electronic data interchange (EDI), international payments, and electronic benefits transfer (EBT). Visit NACHA on the Internet at http://www.nacha.org.