The payments field is never stagnant, so there’s no reason why payments education should be. The 2023 TPI On Campus, July 16-19, is moving with the times. Just ask the dean.

A new way of thinking about fraud detection, prevention and recovery.

Nacha’s Risk Management Portal includes the ACH Contact Registry, Third-Party Sender Registration, Direct Access Debit Participation Registration and the Terminated Originator Database

The Risk Management Advisory Group (RMAG) recently released blogs offering a checklist approach for Originators and for

Preferred Partner for Account Validation/Compliance/Risk and Fraud Prevention

Preferred Partner for ACH Experience/Fraud Monitoring/Risk and Fraud Prevention

Preferred Partner for Fraud Monitoring/Open Banking/Risk and Fraud Prevention

Preferred Partner for Account Validation/Compliance/Risk and Fraud Prevention

Preferred Partner for Compliance/Risk and Fraud Prevention

Preferred Partner for Compliance/Risk and Fraud Prevention/ACH Experience

Preferred Partner for Compliance/Risk and Fraud Prevention/ACH Experience

Taking a checklist approach to help ODFIs respond to instances of credit-push fraud.

Preferred Partner for Compliance/Risk and Fraud Prevention

Preferred Partner for Compliance/Risk and Fraud Prevention

Nacha has approved Nacha Certified status for CBIZ Human Capital Management (HCM), a provider of workforce management solutions.

Members of Nacha's Risk Management Advisory Group (RMAG) have guidance to help other financial institutions identify credit-push fraud and assist in recovering funds for the victims of these schemes.

Nacha's Risk Management Advisory Group (RMAG) met in-person in October with an agenda focused on the themes of the “New Risk Management Framework for the Era of Credit-Push Fraud.” One of the main themes discussed was the role that Receiving Depository Financial Institutions (RDFIs) should play in detecting, preventing, and recovering funds from frauds that utilize ACH and other credits.

Nacha released a report on its latest Risk Management Framework today, providing a new strategy for industry participants in both the ACH Network as well as other payments systems to address new and persistent frauds that increasingly make use of credit-push payments.

Fraud keeps changing. As it does, participants in the payments system need to understand and adapt to emerging fraud scenarios and develop counterstrategies to help protect their customers and themselves.