In this episode of the Payments Podium Podcast with our host, the Payments Professor, with special guest Tedd Huff from Fintech Confidential, Joe Casali from Wrestling Payments, and Peter Tapping from PTap Advisory, we dive into the complex and ever-evolving world of payments, innovation, and technology. From the intricate "digital maze" of systems, rules, and regulations to the fascinating intersection of risk, faster payments, and open banking, this episode is packed with insights and revelations.

Key Topics Covered:

🔹 The rise of faster payments and their exponential growth.

🔹 Bridging the gap between financial institutions and technology companies through effective "technology translation."

🔹 A closer look at Cash App, Venmo, and Zelle in small business transactions.

🔹 Challenges in cross-border payments and the role of AI in streamlining processes.

🔹 Open banking and the regulatory hurdles shaping its implementation.

🔹 The parallels between professional wrestling and the payments industry—because sometimes, opinions need to be wrestled with!

Join the Payments Professor as he deciphers the latest trends, tackles tough industry questions, and provides actionable insights to help you navigate the complex world of payments and technology.

In this episode of Payments Podium, the Payments Professor, Kevin Olson, sits down with Ian McAllister, COO of Unit21, to discuss combating fraud in instant payments. Explore trends like AI’s role in scams, real-time fraud monitoring, and tips for banks to enhance their defenses. Learn how Unit21 is empowering financial institutions with cutting-edge strategies and insights to stay ahead in the fast-paced world of real-time payments.

Join the Payments Professor as he chats with Marshall Greenwald about the future of instant payments, fraud prevention, and how Ionia is revolutionizing merchant payment solutions. Learn how instant settlement, reduced fraud risk, and consumer-focused innovation are shaping the payments industry. Whether you're a merchant or a payment professional, this episode offers valuable insights on enhancing cash flow, leveraging AI, and navigating the evolving world of digital payments. Don't miss this engaging discussion—subscribe for more expert insights!

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.