The Payments Podium

In this compelling episode of the Payments Podium Podcast, the Payments Professor dives into the innovative world of offline payments with Anurag Dubey from Lipis Advisors. Explore the crucial role of offline payments in extending financial inclusion, enhancing payment system resilience, and ensuring continuity during internet outages or in remote locations. Anurag breaks down the technology behind offline payments, including the security protocols and hardware involved, and discusses how countries like India are already successfully implementing these solutions for low-value transactions. This episode is a must-listen for anyone interested in the next frontier of instant payments and how it will reshape global financial systems.

Join the Payments Professor as he welcomes real law professor Cathy Mansfield to the Payments Podium! In this insightful episode, they discuss the evolution of consumer protection laws in payments, the importance of Reg E, and how regulations adapt (or not) to modern payment methods like Zelle and FedNow. Whether you're a payments professional or just curious about the laws that protect your financial transactions, this episode offers valuable knowledge from an expert in the field. Tune in to learn more and discover how consumer protection impacts your daily transactions. Don't forget to subscribe for more in-depth discussions!

In this Payments Podium episode, the Payments Professor welcomes Dr. Angela Murphy, aka Payments Elsa, back to discuss her new role at Pigeon and her vision for the future of faster payments. Dive into insights on developing effective payment strategies for financial institutions and hear about Dr. Murphy's thought leadership initiatives to educate and inspire the payments industry. Discover how she's driving the conversation forward and what it means for future payments in the U.S. and beyond.

In this special edition of the Payments Podium, the Payments Professor teams up with Joe Casali, host of the Wrestling Payments podcast, to bring you an engaging discussion recorded during their time at the Payments Innovation Alliance meeting in Berlin. In this episode, Kevin and Joe share their insights and experiences from this prestigious global gathering, where leaders from the payments industry across the globe came together to discuss the future of faster payments.

Join them as they explore the fascinating topics covered at the meeting, including the growing importance of instant payments, the role of international regulations, and the challenges of fraud prevention in a rapidly evolving digital landscape. They also dive into the cultural differences in payment systems between the U.S. and Europe, the innovative solutions being implemented abroad, and what U.S. institutions can learn from these global perspectives.

Whether you're a payments professional, a financial executive, or just curious about the latest in payments technology, this episode offers a deep dive into the world of international payments and the future of electronic transactions. Don't miss this chance to learn from two industry experts as they break down the key takeaways from one of the most important payment events of the year. Tune in for part one now, and stay tuned for the next installment!

Welcome to another insightful episode of the Payments Podium! In today's podcast, we dive deep into the world of financial crimes with our special guest, Rene Perez, Financial Crimes Consultant and Director of Financial Crimes Solutions Sales at Jack Henry. Rene shares his incredible journey from the hotel industry to becoming a leading expert in financial crimes and cybersecurity.

In this episode, Rene discusses the latest trends and threats in financial crimes, including digital impersonation and the use of AI in fraud. He also sheds light on the importance of understanding scams at their root cause and the role of education in combating fraud. Additionally, Rene highlights the significance of the Fed's fraud classifier model and how it helps standardize fraud reporting across the financial industry.

Please tune in to hear Rene's advice for those looking to advance their careers in financial crimes and cybersecurity. Learn the critical importance of reading, staying informed, and understanding how money moves to better identify and mitigate fraud risks.

Welcome to the Payments Podium! In this episode, we dive into the essential world of core banking systems with Ron Suhr, an expert from Modern Banking. Ron shares his unique journey into the banking industry and provides a comprehensive explanation of what core systems are, their importance, and how they function.

We explore the evolution of core systems, their critical role in managing transactions, and the complexities involved in core conversions. Ron also gives us a glimpse into the future of core banking, highlighting the advancements and challenges ahead, especially in terms of security and integration with modern technologies.

Whether you're a banking professional or simply curious about the backbone of financial institutions, this episode is packed with valuable insights.

Welcome to the Payments Podium! In this episode, we dive into the new NACHA rules, focusing on credit push fraud and risk management in the evolving electronic payments world. Our special guests, Jordan Bennett and Devon Marsh from NACHA, share their expertise on these critical changes and how they impact financial institutions and the industry.

Learn about the nine new rules, the importance of timely compliance, and practical steps for implementation. We discuss everything from risk management frameworks to new return reason codes like R17 and R06. Whether you're a financial professional or just curious about the world of payments, this episode is packed with valuable insights.

For more information on the new rules, visit nacha.org/newrules.

Connect with our guests on LinkedIn: Jordan Bennett and Devon Marsh.

In this episode of the Payments Podium Podcast, the focus is on Nacha's Payments Innovation Alliance. The discussion aims to highlight the significant contributions of the Payments Innovation Alliance in driving forward-thinking and cutting-edge payment strategies. Listeners can expect to gain valuable insights into how the Alliance fosters collaboration among different players in the financial sector, encouraging the creation and adoption of innovative payment technologies and practices. This podcast is a must-listen for anyone interested in understanding the Payments Innovation Alliance's role in revolutionizing how we think about and manage transactions in today's digital age.

Join us for a remarkable continuation of our exploration into the history of electronic checks on "The Payments Podium." This episode features the insightful stories of Phyllis Meyerson and David Walker, key figures in the journey towards the Check 21 Act. As we pick up from the suspenseful moment at the White House guardhouse, David takes us through his memorable walk up to the West Wing, leading to the historic signing of Check 21 by the President. Discover the surprising reactions, the immediate aftermath, and the progressive adoption of electronic checks post-signing. The conversation then shifts to the critical role of the Federal Reserve in facilitating this banking revolution, highlighting the seamless transition banks experienced and the significant impact on the economy. Phyllis and David also delve into the creation of the National Check Professional (NCP) certification, emphasizing its importance for the future of payment professionals. As we ponder the future of checks, our guests share their insights on the enduring relevance of checks in the business world and the untapped potential for further digital transformation. This episode is a must-listen for anyone fascinated by the intricacies of payment systems and the continuous evolution of the financial industry.

In this episode of The Payments Podium, the Professor welcomes Tom Burgess from Snipp.com to discuss innovative approaches to navigating interchange fees. The conversation delves into these fees' impact on merchants and organizations and explores potential solutions that can benefit both consumers and financial institutions. Tom shares insights on how targeted advertising through banking apps can enhance user experience and provide financial benefits to consumers, banks, and merchants alike. This engaging discussion covers a range of topics, including electronic banking innovations, the effectiveness of coupons in the banking sector, and the broader implications for community banks and credit unions.