The Center for Payments™ is a joint program sponsored by nine payments associations that represent over 10,000 financial institution members, businesses, and stakeholders with an interest in U.S. payment systems. Payments Associations share a common goal of improving U.S. payment systems quality through industry representation, education, and support. Payments Associations are staffed with accredited payment systems experts including Accredited ACH Professionals (AAPs), Accredited Payments Risk Professionals (APRPs), National Check Professionals (NCPs), and fraud and risk professionals dedicated to providing training and guidance for faster payments, rules, regulations, and U.S. law related to the ACH, check, card, wire, RTP®, FedNow®, and emerging payment systems. You can also access certified AAP, APRP, and NCP exam preparation programs through the Payments Association. For more information, go to www.centerforpayments.org/.
“We are excited to be a part of this contest aimed at educating the public about financial scams. It aligns with our mission to strengthen the payments industry by providing market intelligence and thought leadership as a unified voice.”
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading financial services firm based in the United States with assets of $3.9 trillion and operations worldwide. Chase serves more than 80 million consumers with a broad range of finance services. Chase is committed to finding ways to help protect its customers from being victims to fraud and scams across all payment methods and platforms. Whether it’s utilizing innovative security tools, setting up account alerts, or masking personal information, consumer education plays a key role in defending against financial crime. To learn more about how Chase helps safeguard accounts and how customers can help protect themselves from scams, visit chase.com/security.
“Scams are a heartbreaking crime that impact people of all backgrounds. Banks are a key participant in helping prevent customers from becoming victims of fraud and scams but can’t stop these crimes alone. We are excited to find new ways to educate consumers and small businesses on how to identify and stop scams and welcome your help.”
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries.
Although they are perhaps best known for its industry-leading credit scores, FICO has been delivering best-in-class solutions that detect and prevent fraud and financial crime across the customer lifecycle. For more than 30 years, organizations around the globe have relied on FICO’s transparent technology and domain-led portfolio of analytics, helping them to meet regulatory compliance requirements and protect themselves and their customers from fraud. Learn more at www.fico.com.
“As a fraud-fighting professional, I know firsthand how important it is to have the right tools and technology available to support investigators and analysts to resolve fraud concerns for their customers. My team and I are constantly working to improve the solutions we offer to our clients, so the world can be a little bit safer from criminals trying to separate both banks and individuals from their money.”
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
“Fighting payments fraud and scams is a shared responsibility. ICBA encourages everyone in the payments ecosystem to prevent, detect, and mitigate fraud and scams. Community banks know their customers in real and meaningful ways and are uniquely positioned to engage with consumers. Supporting the industry wide Challenge allows community banks customers to directly build awareness.”
The Payments Innovation Alliance is the industry’s leading membership group of smart, savvy payments professionals who believe in making innovation happen. The Alliance brings together diverse, global stakeholders—financial institutions, fintechs, solution providers, businesses and corporates, law firms and more—that can outline existing and future payment trends to help member organizations remain competitive.
The Alliance is a program of Nacha, the organization that governs the ACH Network—the backbone of U.S. economy, and the payment system that drives safe, smart and expeditious Direct Deposits and Direct Payments.
Learn more at https://www.nacha.org/payments-innovation-alliance. For questions, contact us.
