NPG was first in the country to develop and complete a RTP audit!
We are your partners in navigating compliance challenges.
Payments rules and regulations continue to evolve to meet today’s complex market needs. Staying on top of these changes—and what they require of you—takes a deep understanding of the landscape.
As experts in payments systems, we efficiently and cost-effectively evaluate your compliance requirements and growth opportunities, providing recommendations to strengthen your program.
Services
Real Time Payments Audit - All Real Time Payments participants must complete an annual audit to verify compliance with the RTP Participation and Operating Rules, as required by RTP Operating Rules IX.A.2. Using a proven methodology developed by industry experts, NEACH Payments Group can perform your annual RTP Audit quickly and efficiently at a very competitive rate. We provide you with a summary of findings and specify areas where you did, or did not, meet the criteria for a successful audit. We identify procedures and controls that need strengthening, and recommend steps to reduce risk. All RTP Audits include an exit meeting to review findings.
The RTP Audit Reviews:
- General Participant Responsibilities
- Sending Participant Obligations
- Receiving Participant Obligations
- Funding/Non-Funding Participant Obligations
- Non-Payments Messages
- Risk Management & Fraud Control Requirements
- Errors and Unauthorized Payments
- Request for Payment Compliance
- Payment Service Providers