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It seems like the bad guys work night and day concocting new ways to separate people and businesses from their money. But when it comes to cybercrime, one scam tops the list: Business Email Compromise (BEC). “That accounts for over $1.8 billion in loss” …
Nearly five years ago, shortly after Nacha launched Same Day ACH, its Risk Management Advisory Group (RMAG) conducted a survey. It posed many questions to both Originating Depository Financial Institutions (ODFIs) and Receiving Depository Financial …
Naysayers want you to believe there is no hope in preventing or surviving a ransomware attack, so you should just give up now. Or, you can join the Payments Innovation Alliance for its next webinar to learn how to cut through the fear, so you can focus …
The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance among financial institutions, according to new survey results conducted by Nacha and its Risk Management Advisory Group (RMAG). The extension of Same …
Like peanut butter and jelly or ice cream and hot fudge, fintechs and financial institutions can be a great pairing. But there’s a lot for both sides to think about when considering a partnership. That’s the focus of Wednesday’s “Symbiosis of Fintechs and …
So, exactly what is happening in the payments landscape today? To put it simply, there has been an increase in consumer use of digital payments, a decrease in using cash for payments, and growth in the adoption of faster payments. “It is really all about …
New payment rails is a growth industry, says Gene Neyer of U.S. Bank. “This is an incredibly interesting and vibrant area,” he added. Neyer joins Josh Karoly of Netflix, Kathy Strasser of IncredibleBank, and Connie Theien of the Federal Reserve Bank of …
Smarter Faster Payments Remote Connect Aug. 23-26 Welcome to Day 2 of Remote Connect Day one was a whirlwind. We hope you came away with some new ideas and inspiration. It is my pleasure to welcome you to day two of Smarter Faster Payments Remote Connect. …
The world of payments is changing rapidly, and the Federal Reserve is changing with it. “The world of payments has seen its fair share of disruption in recent years, driven by technology innovation and new players that are changing the value chain and …