Mitigate Fraud with Instant Alerts

Fraud impacts everyone in the financial supply chain. No one really suffers alone either, as fraudsters typically attack multiple parties. While FIs and payment providers do offer solutions and assistance, follow-up can be segmented, and limited to one-to-one proprietary relationships, making it difficult to track related occurrences among multiple parties. To address this issue, corporates and supporting fintechs have expressed interest in standardizing the opportunity to share data on problematic payments. Consequently, Nacha’s Afinis group has recently developed an API for sharing data more broadly with multiple sources. This session will focus on the instant API for sharing data on problematic payments, along with other case studies for leveraging the API to mitigate payment risk.  

This webinar is eligible for 1.2 AAP/APRP continuing education credits.