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Welcome to another episode of Wrestling Payments.

In this episode of Wrestling Payments, host Joe Casali delves into the evolving landscape of real-time payments. He highlights the recent developments at The Clearing House, emphasizing the organization's efforts to enhance transaction speeds. Casali also discusses the integration of new hires in the payment industry, underscoring their role in bringing fresh perspectives and innovative approaches to traditional financial systems.

The conversation shifts to regulatory changes, focusing on the Consumer Financial Protection Bureau's (CFPB) new rules for digital wallets. Joe explains the implications of these regulations for consumers and businesses, outlining the balance between security and convenience. He also discusses Zelle's recent challenges with fraud, detailing their strategies to increase reimbursements and implement additional safeguards.

Lastly, the episode features insights on Keith Melton's contribution to the RTP network. The host explores Melton's strategies for future growth and the potential impact of these plans on the payments industry. He also touches on CFPB's proposals concerning technology companies in the financial sector, highlighting the need for a nuanced understanding of these new regulations.

Episode Highlights:

● Keith Melton's Joining the Clearing House
● New CFPB Regulation for Digital Wallets
● Zelle's Response to Increased Fraud
● Improvements in Zelle’s Fraud Control Measures

To hear this episode and many more like it, listen here or subscribe to Wrestling Payments on Apple Podcasts, Google Podcasts, Spotify, or anywhere else you listen to podcasts.

For show notes, transcripts, and other resources visit www.wrestlingpayments.com.

Host: Joe Casali, EVP, NEACH

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