Companies

Nacha's 2026 Rules to Boost AML and Fraud Team Synergy [Video]

Bank Info Security

“Requirements set for 2026 by the National Automated Clearinghouse Association for real-time fraud monitoring will demand collaborative efforts by fraud and anti-money laundering teams to meet compliance goals, said Devon Marsh, Nacha managing director of ACH network rules and risk management.”

Tags: Nacha

Companies

Risk Management Matters in Financial Institutions and Everyday Life

Atlanta Fed

“Over the last 20 years, risks have increased significantly for the financial industry. Data breaches, cyberattacks, and financial crimes are familiar occurrences, unfortunately.”

Tags: Federal Reserve

Companies

Risk Management Matters in Financial Institutions and Everyday Life

Atlanta Fed

“Over the last 20 years, risks have increased significantly for the financial industry. Data breaches, cyberattacks, and financial crimes are familiar occurrences, unfortunately. At the same time, we’re reading more about the importance of risk management.”

Tags: Federal Reserve

Companies

Regulating AI in the Financial Sector: Recent Developments and Main Challenges

BIS

“This paper explores the potential transformative impact of artificial intelligence (AI) on the financial sector, focusing on operational efficiency, risk management and customer experience in banking and insurance. It delves into the widespread adoption of AI technologies including generative AI (gen AI) and examines the associated risks and regulatory implications.”

Tags: Bank for International Settlements

Artificial Intelligence Authentication BNPL Cross-border Payments Fast Payments Glenbrook Open Banking Payments Fraud Regulatory Environment Technology Tokenization

Episode 253 - Glenbrook Partners: 2024 Payments Industry Trends Wrap Up

The Glenbrook partners reflect on key trends and challenges in the payments industry that shaped 2024 - from generative AI, open banking, the evolving regulatory landscape, and the rise of fast payment systems worldwide. And you can't get the Glenbrook team in a "room" without discussing ongoing fraud implications, orchestration in merchant payments, and the progress of tokenization. Tune in to hear insights from our industry experts on these themes and more as we wrap up the year and look towards 2025.

Risk

Fraudwatch: Money 20/20 Special Edition

Mastercard

“Join us for a Money2020 special edition of FraudWatch – a quarterly series delivered by Mastercard and Glenbrook to provide relevant payment industry information and recent trends in payments, fraud, risk management, cybersecurity, identity verification and more.”

Companies

TreviPay Embeds Dynamic Trade Credit Application into B2B Buyer Onboarding Process

TreviPay

“TreviPay, a B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. With TreviPay’s proprietary Risk Management Platform, business buyers can now apply for trade credit through a dynamic self-serve application, making the onboarding experience easier, faster and more tailored.”

Tags: TreviPay

Payments Testing Technology

Episode 252 - Testing, Testing, 123: Payments has evolved in the past 20 years, what about payments testing? with Steve Semelsberger, Testlio

Steve Semelsberger, CEO of Testlio, joins Yvette Bohanan and Drew Edmond to discuss the evolution of quality management alongside payments testing.

Banking Industry Cross-border Payments Data Financial Inclusion Treasury & Cash Management

Episode 251 - Bridging the Communication Gap Between Treasury and Payments with Debopama Sen, Citi Treasury and Trade Solutions

Debopama Sen, Head of Payments at Citi Treasury and Trade Solutions, joins Glenbrook for this episode to explore how treasury and payments professionals can collaborate on opportunities presented by the evolving payments landscape.

Companies

Linking Fast Payment Systems Across Borders: Governance and Oversight – Final Report

BIS

“This report – a key deliverable under the G20 cross-border payments programme – aims to inform owners and operators of fast payment systems (FPS) when they are developing the governance and risk management of their FPS interlinking arrangement as well as overseers when they are defining their oversight approach.”

Tags: Bank for International Settlements

3-D Secure Authentication Payments Fraud Secure Customer Authentication

Episode 249 - Two Decades of 3-D Secure: Can Strong Customer Authentication Succeed in the US and Unregulated Markets? with Dewald Nolte, Entersekt and Amandeep Batra, Stripe

Amandeep Batra from Stripe and Dewald Nolte from Entersekt join Glenbrook for this episode of Payments on Fire to dig into the impact on approval rates using 3-D Secure, and the use of Strong Customer Authentication to battle transaction fraud.

B2B Payments

Episode 248 - The Ins and Outs of Payouts with Manish Vrishaketu, Tipalti

Manish Vrishaketu, Chief Customer and Operations Officer at Tipalti, joins us for this episode to dive into why payouts have been overlooked for so long, what makes them challenging to master, and what is happening that may make things better and easier for a “niche” specialization in our industry that happens to be incredibly important for every company on the planet.

B2B Payments Fintech

Episode 247 - From the Vault: Multiplayer Fintech Builds a Winning B2B Service – Robin Gandhi, TripActions (Episode 146)

It’s September 2024, and this month, we’re focusing on business-to-business payments. B2B payments are difficult because so much information must be exchanged for them to process efficiently. But there’s more to it than that. For this episode, we pulled a favorite from our vault - number 146, a discussion between George Peabody and Robin Gandhi. Since this aired in March of 2021, Robin has moved to a post as Chief Product Officer at Nium, and TripActions has rebranded to Navan. But the underlying ideas discussed regarding B2B are still important - and this idea of multi-player fintech and what it means for B2B payments is quite relevant.

Global

Hong Kong Central Bank Launches Gen AI Sandbox

Asian Banking & Finance

“The Hong Kong Monetary Authority (HKMA) has collaborated with the Hong Kong Cyberport Management Company to launch a generative AI sandbox. Banks are encouraged to make full use of this resource to unlock the power of GenA.I. in enhancing effective risk management, anti-fraud efforts and customer experience.”

Tags: Hong Kong

Industry

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

CoinDesk

“The U.S. Federal Reserve targeted Customers Bank with an enforcement action saying it wasn’t properly handling the risks from its crypto customers. In an enforcement agreement signed by the bank’s top executives, the Fed noted “significant deficiencies related to the Bank’s risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering.”