In this episode of the Payments Perspective Podcast, Connie LaChance, VP of Education and Events at Wespay, and Mark Dixon, Senior Consultant at Nacha, delve into the significance of 1033 Open Banking and its profound impact on the payments industry. Enacted under Section 1033 of the Dodd-Frank Act, this regulation is revolutionizing how we access and share financial data, promising greater customer empowerment and fostering the latest fintech advancements. Connie and Mark will explore this topic from the payments perspective, addressing critical issues faced by financial institutions, such as data security.

If you would like to contact Mark for more information, he can be reached at [email protected]

Wespay members can listen to Mark Dixon discuss this issue in our December 2024 Quarterly Member update here: https://www.mywespay.org/public/s/member-only-training?tabset-f11fe=4db33

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership

In this episode, Jeff Duffy and James Bi from OrboGraph dive into the impact of Remote Deposit Capture (RDC) on financial institutions and their account holders. They discuss how RDC has revolutionized check deposits, offering enhanced convenience and faster access to funds. However, these advancements come with new challenges, particularly the increased risk of check fraud. Join Jeff and James as they explore both the benefits and the evolving risks of RDC, and

For more information about OrboGraph visit their website at  https://orbograph.com/

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership

On this episode, join Jeff Duffy as we welcome back the Payments Professor, Kevin Olsen, from Pidgin to discuss Faster Payments and managing associated risks. They discuss the considerations that financial institutions should have from strategic and operational perspectives, as well as what should be incorporated into their policies to address credit, and fraud risks that Faster Payments present to participants.

For more information about Pidgin visit their website at https://www.pidgin.net/

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership

Join Jim Petkovits and Glenn Frantangelo from NICE Actimize as they discuss the upcoming Nacha Rule that will require RDFIs to take a more proactive approach to identifying ACH credits that may have been originated under false pretenses and how financial institutions can use artificial intelligence and other tools to comply with this upcoming requirement.

For more information about NICE Actimize visit their website at https://www.niceactimize.com/

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership

On this episode, Jeff Duffy, Assistant Vice President of Education and Events at Wespay, discusses with Erica Brackman from NICE Actimize the recent trends in

For more important fraud information, read the entire NICE Actimize Fraud Insights Report at https://info.niceactimize.com/2024-NICE-Actimize-Fraud-Insights-First-Edition

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.

Join Carmen Murphy, Vice President of Events and Education at Wespay, and Sherah Spark,

For more information on CheckAlt, please visit their website at https://www.checkalt.com/

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.

In this episode, we join Jeff Duffy, Assistant Vice President of Education and Events at Wespay, and Jamie Berg, VP, Sales, Positive Pay from Alkami as they discuss Positive Pay, why it is important, how it works, and how financial

For more information on Alkami and their Positive Pay Services, please visit their website at https://info.alkami.com/l/778723/2024-07-11/3fx7z8

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.

On this episode we join Connie LaChance, Vice President of Education and Events at Wespay and Kevin Miyamoto Co-Founder and Chief Operations Officer (COO) at Identifee, as they look into the role of artificial intelligence in payments.

For more information on Identifee and their initiatives into artificial intelligence in payment please visit their website at https://identifee.com/ or you can email Kevin Directly at [email protected].

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.

On this episode we join Jim Petkovits, Vice President of

For more information on Nacha volumes please visit https://www.nacha.org/content/ach-network-volume-and-value-statistics. If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.

On this episode we join Connie LaChance, Vice President of Education and Events at Wespay, John Curtis Senior Vice President and Consulting Business Lead at Wespay Advisors and Chad Dickson Vice President and ACH Manager at Farmers and Merchants Bank. As they discuss developing your Instant Payments Strategy?

For more information on Wespay Advisors and see how they can help your organization develop an Instant Payments strategy please visit their website at https://wespayadvisors.com/. Or, if you would like to contact John Directly his email address is [email protected].

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership.